HSBC reportedly asks middle managers to reapply for jobs

HSBC bankers told to reapply for jobs with hundreds facing the axe in major overhaul
Boss Georges Elhedery (pictured) is splitting the firm into four divisions: Hong Kong; UK; corporate and institutional banking; and international wealth and premier banking.
HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say
Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say. Read more at straitstimes.com.
HSBC asks managers to reapply for jobs in global cost-cutting drive
HSBC is forcing managers in its newly formed corporate and institutional banking arm to reapply for their jobs, according to reports.
HSBC to sack hundreds of managers in shake-up - report
HSBC Holdings has reportedly asked hundreds of managers to reapply for jobs in the firm’s newly-formed corporate and institutional banking division as chief executive Georges Elhedery continues his hunt for ways to make the bank run more efficiently.
HSBC Revamp Forces Managers to Reapply for Jobs, Sparks Internal Competition
HSBC Holdings is requiring managers to reapply for their jobs within the newly established corporate and institutional banking division.
HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the number of senior roles.
HSBC Managers Are Competing to Keep Their Jobs in CEO's Revamp
HSBC Holdings Plc has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking division as Chief Executive Officer Georges Elhedery continues his hunt for ways to make the bank run more efficiently.
HSBC to sack hundreds of top bankers in scramble to cut costs
HSBC is to lay off hundreds of top bankers as bosses scramble to cut costs and slim down the sprawling organisation.Swathes ...
HSBC can stand strong in a fragmenting world
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HSBC Elhedery Predicts HK to Become Largest Offshore Center by 2028
HSBC HOLDINGS (00005.HK) CEO Georges Elhedery said at the Global Financial Leaders' Investment Summit that China's ...
HSBC managers asked to reapply for newly formed CIB division, Bloomberg says
HSBC (HSBC) is urging hundreds of managers to reapply for positions in the firm’s newly formed corporate and institutional banking division as ...
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HSBC’s Roberts Says First Round of Job Losses Due in Weeks
The head of HSBC Holdings Plc’s new global wholesale banking division ... He said the restructuring, announced last month by new group CEO Georges Elhedery, will be done in a “thoughtful way.” ...
Georges Elhedery Acquires 41,720 Shares of HSBC Holdings plc (LON:HSBA) Stock
HSBC Holdings plc (LON:HSBA – Get Free Report) insider Georges Elhedery purchased 41,720 shares of HSBC stock in a transaction on Tuesday, November 5th. The shares were acquired at an average cost of ...