Monday, 26 October 2020

HSBC To Accelerate Restructuring Plan As Third-quarter Profit Tumbles 35%

HSBC Holdings PLC said on Tuesday it plans to accelerate its restructuring plan, slashing costs further than previously suggested, flipping its model from generating income mainly from interest rates to feebased business, and shrinking in size.

from Top Business News- News18.com https://ift.tt/3jBagvo
via IFTTT
at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Beyond Borders: The True Origins Of India's Favorite Brands - Colgate, Bata And Maruti

Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...