HSBC chief executive Georges Elhedery is restructuring the bank into four divisions, with separate UK and Hong Kong units, in a move to cut costs and address geopolitical tensions. The overhaul will split operations into eastern and western markets, with a new leadership team and a focus on simplifying the organizational structure. The bank will also see changes in its top management and leadership positions, with a new focus on strategic client relationships and a $300mn cost-cutting drive targeting senior bankers.
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Why Did Tesla Stock Jump Despite Terrible Earnings?
This video discusses Tesla's (TSLA) recent earnings call and the insights shared during the discussion. Viewers are encouraged to watch the video for detailed information, subscribe, and take advantage of a special offer linked below. It is noted that stock prices referenced were from April 22, 2025, and the video was published on April 23, 2025.https://www.youtube.com/watch?v=ajgaC-tcuTM Full Article
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