Euromoney’s Post

Great to see our case study on Driving Insights and Efficiency as well as our Standard Chartered and ServiceNow partnership featured! Employee Experience is at the heart of what we do, and we want to do it in a way that also means our HR Advisors can have more time to focus on high value and complex issue while maintaining a strong human touch. Enabling simple service through our digital tools means that we also get better data and insights into how we can further optimise the Employee Experience! Tanuj Kapilashrami Hugo Martin Sean Coppinger Richard Hall Sharjeel Asghar, MB (IT), PfMP, PgMP, PMP, CC Kamelska, Jolanta Catherine Woods

Citi Commercial Bank is excited to share real stories of companies who are “Breaking Borders in Business” to expand operations around the world, and the strategic and financial support they need to do so, in our ongoing series with the Financial Times. Read here: https://on.citi/3XJfQSm

Want to know how the Servicenow platform is driving intelligent transformation for banks? Here’s what we’re doing with Standard Chartered .

#Breaking 💼HSBCHSBC is #splitting into four divisions and creating a new geographic set-up to cut costs and navigate geopolitical tensions. 🏦The #bank will split its business into two sections: one for eastern markets and one for western markets. 📊Ping An, one of HSBC's biggest #shareholders, had been pushing the bank to split its Asia business from the rest of its operations in recent years. However, its campaign has quietened down since shareholders rejected the move last year. 🗣HSBC said the move would make its structure simpler. It currently has three units: commercial banking, global banking and #markets, and wealth and personal banking. 💵The Financial Times previously reported that Elhedery was planning a $300mn cost-cutting drive that would target senior bankers. Source : Financial Times

The transition of leadership at DBS Bank Southeast Asia's largest bank, is happening amidst increased geopolitical uncertainty, a reshaping of trade routes, and potential interest rate cuts. It's a great opportunity to delve into the implications, opportunities, and challenges that this change may bring about. Thanks CNA Asia First for having me on the show. #equityresearch #DBS #Maybank #markets #SGX #investing

Through October and November I completed an Experience with Barclays that went into detail the different functions of a bank and how different customer requirements can be met. There was also discussions on how risk and liquidity can be managed within a bank. In sub groups we were tasked to make a short presentation on a specific function of a bank, my group talked about the tasks of an Investment banks and suggested ways of how an Investment bank can increase market share and compete. This workshop was incredibly helpful as it gave me a deeper understanding of the functions of a bank as well as the roles available.

HSBC Holdings PLC (LSE:HSBA) chief executive Noel Quinn delivered some surprises with the bank's first quarter results, including announcing his retirement and a new $3 billion share buyback.   The Asia-focused lender reported a pre-tax profit of $12.7 billion for the first three months of 2024, down from $12.9 billion a year ago but beating consensus forecasts of $12.6 billion. Profit was boosted by a $4.8 billion gain from the disposal of its Canadian banking business, partly offset by a $1.1 billion impairment as it prepared to sell its business in Argentina. Last year's profit was boosted by a $2.1 billion impairment reversal and a $1.5 billion gain from the acquisition of Silicon Valley Bank UK. Revenue, or net operating income, came in at $20.8 billion, up 3% year on year, slightly below expectations, while net interest income fell 3.3% to $8.7 billion due to deposit migration, which was better than... More at #Proactive #ProactiveInvestors http://ow.ly/GjFQ105rhyt

Citi - Scanning the Horizon: A Guide to the Future of #Treasury in #Asia Treasurers in Asia are operating in a complex environment, contending with evolving #macro conditions and new #regulations while embracing new #markets and #businessmodels. To support their clients, Citi introduces Scanning the Horizon, highlighting short to medium-term challenges facing treasurers across #liquidity, #technology, #payments and #trade and providing actionable insights. Download the report here: https://lnkd.in/gPmB7cfD

Top executives of Citigroup (C.N), opens new tab, said investors on Tuesday that the bank is increasing efforts to address regulatory issues in order to increase future profitability. Due to its so-called living will, which outlines how it would be unraveled in the case of bankruptcy, the lender has encountered regulatory difficulties. It also discusses the regulatory penalties imposed by authorities in 2020. For more information, visit us at - https://buff.ly/3x7fzQc Follow us for more latest updates. #globalbusinessmagazine #news #internationalnews #globalbusiness #newsupdates #GlobalUpdates #MarketTrends #BusinessGrowth #EconomicInsight #IndustryNews #FinancialMarkets

In this week’s #FridayBriefing: France’s political and #banking troubles obscure good momentum in Societe Generale’s #corporateandinvestmentbank. Yes, capital is constrained, but the bank says it is moving in the right direction. Meanwhile, #TylerDickson’s departure from Citi must rank as one of the most predictable moves in #investmentbanking this year, even if where he has ended up is perhaps less obvious. Shifting focus to #StanChart, #DiegoDeGiorgi’s arrival has coincided with important changes at the bank. He talks to Euromoney about the transition from investment banker to #CFO, and how the firm can further leverage its advantages amid growing profitability and geopolitical risk. To get the week’s most important stories sent straight to your inbox every Friday, sign up to The Friday Briefing now: http://spr.ly/6046jaLqw