HSBC names Pam Kaur as first female CFO amid major restructuring

Key Points

HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units.
This is the second heavyweight leadership shakeup for HSBC in recent months, after former finance boss Georges Elhedery was named CEO of the group back in July.
The bank also announced plans to restructure into four divisions: Hong Kong, U.K., international wealth and premier banking, and corporate and institutional banking.

Source

Finance

The Fed issues its latest interest rate decision Wednesday. Here’s what to expect

March 17, 2026

Key Points Markets are pricing in a near-zero chance that the Federal Reserve will be cutting interest rates at this meeting — or any other in the near future. Updates to economic and rate projections also aren’t expected to show anything dramatic when the decision is released Wednesday at 2 p.m. ET. On top of […]

Mastercard says it’s acquiring stablecoin startup BVNK in .8 billion bet on future of payments

Finance

Mastercard says it’s acquiring stablecoin startup BVNK in $1.8 billion bet on future of payments

March 17, 2026

Key Points Mastercard said it agreed to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion — including $300 million in performance-contingent payments — in its biggest crypto deal ever. The deal gives the payments giant the ability to connect traditional rails with blockchain-based systems supporting stablecoins and tokenized deposits. BVNK, founded in 2021 […]

Finance

Stocks making the biggest moves premarket: Nvidia, Delta Air Lines, Eli Lilly & more

March 17, 2026

Check out the companies making the biggest moves premarket: Nvidia — The chipmaker traded slightly higher after CEO Jensen Huang said he expects orders for its Blackwell and Vera Rubin chips to reach $1 trillion through 2027. Delta Air Lines — Shares traded more than 4% higher after the company raised its first-quarter revenue growth […]