John Thornton, the former boss of Goldman Sachs, is resigning as a non-executive director of HSBC before the bank's annual general meeting on Friday, citing his "expanded responsibilities" at other businesses where he has senior roles.
The future's bright, the future's job cuts. That wasn't how HSBC put it, but you get the gist.
Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.
HSBC has said first-quarter profit almost doubled, beating analyst estimates, as bad debts declined and it cut costs.
HSBC, custodian of a fund that lost about $1.5bn through Bernard Madoff’s Ponzi scheme, said liability rules for banks in Europe weren’t as strict at the time of the scandal surrounding the convicted fraudster.
Four years after Bernard Madoff pleaded guilty to running the largest Ponzi scheme in history, investors are still trying to get their money back.
Unions are threatening to ballot for strike action at HBSC after the UK's biggest bank warned 3,166 staff that their roles were at risk of redundancy.
Natalia Watkins, a 40-year-old Hong Kong-based executive for HSBC, knows about endurance.
HSBC is one of the largest banking and financial services organisations in the world.
John Thornton, the former boss of Goldman Sachs, is resigning as a non-executive director of HSBC before the bank's annual general meeting on Friday, citing his "expanded responsibilities" at other businesses where he has senior roles.
The future's bright, the future's job cuts. That wasn't how HSBC put it, but you get the gist.
Even more ?
Drip, drip, drip.
Each year thousands of graduates / MBAs find work in the financial markets. All start at (or near) the bottom of the ladder, and hope that one day they will make it big. Few do. And those who eventually achieve success usually face a relatively long wait. Not so one young man who, at 23, just might be the youngest VP ever to attain that position in a major investment bank.
