The bank said it was simplifying by splitting up into four key units, and geographically into East and West. This includes merging its commercial and institutional banking operations and creating a new international wealth and premier banking division. The other two units will comprise of a new UK business and a Hong Kong business.
It is also set to restructure across geographic lines with the formation of “Eastern markets”, which incorporates Asia and the Middle East, and “Western markets”, comprising of the UK, Europe and the Americas. The changes are set to take effect from 2025.
Denne historien er fra October 23, 2024-utgaven av The Independent.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 23, 2024-utgaven av The Independent.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Aussies punish England to retain the Ashes at a canter
Beth Mooney starred as Australia routed England by 57 runs in the first T20 international to retain the Ashes with the minimum of fuss.
Rudakubana pleads guilty to murder of girls in Southport
A teenager has admitted to murdering three children in a \"meticulously planned\" mass stabbing at a Taylor Swift-themed holiday club in Southport, which sparked widespread riots.
'I offered ex-wife £50m but I still had four years of grief'
Ecotricity founder Dale Vince tells Chris Blackhurst divorce settlement laws have to change after his former wife finished up with a smaller sum after disputing his initial financial offer
Chalobah shines as Chelsea resume their winning way
It was like he had never left Chelsea. Trevoh Chalobah, a familiar face around this corner of London, was summoned on a chilly night at Stamford Bridge for a team craving three points. Enzo Maresca has been desperately searching for a performance, but most importantly a result, after five Premier League games without a win.
Slot reaps rewards of squad built by many expert hands
After the 22-second goal came the 26-minute strike.
Spread your arms wide and embrace the January blues
This time of year gets a bad rap, all in aid of selling sadness. But with a fresh start and the promise of 2025 opening up, writes Olivia Petter, it might just be the best month of all
STARS IN THEIR EYES
Content creators say that zodiac signs and horoscopes offer Gen Z a sense of agency’ in a chaotic world. Maybe, writes Helen Coffey, but astrology has definitely gotten out of hand
'I've returned to my beloved life,' says freed UK hostage
British-Israeli Emily Damari, 28, among first three released by Hamas, with 90 Palestinians also freed in ceasefire deal
Musk accused of giving a 'Nazi salute' at inauguration
Tesla CEO and first buddy” Elon Musk drew a ton of immediate outrage online and on cable news after he made an odd-looking” gesture during his speech at the Capitol One Arena yesterday to celebrate president Donald Trump’s inauguration.
The Rocky sequel everyone in the game is talking about
The talented Rocky Flintoff, 16, appears unfazed by dad Freddie’s rich England legacy
