investment bank – Charm

HSBC Plans New Round of Investment Bank Job Cuts Next Week

Cs news1 week ago06 mins

(Bloomberg) — HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people familiar with the matter. Most Read from Bloomberg The latest phase of cuts will start in Asia, but will ultimately…

Citigroup boosts Hong Kong team to support mainland Chinese companies’ global expansion

Cs news5 months ago08 mins

Citigroup’s commercial banking arm will make strategic hires in Hong Kong under a newly introduced team structure, capitalising on mainland Chinese companies’ growing overseas expansion plans and foreign firms’ push in China, according to a top executive. The US bank is hiring selectively, especially for advisory services, while grooming its existing bankers to specialise and…