March 13, 2025
Operating Assets

HSBC puts some bankers on short-term retention amid overhaul

HSBC Holdings Plc is placing some of its investment bankers on short-term retention agreements as it winds down various businesses in a broad overhaul led by new Chief Executive Officer Georges Elhedery, according to people familiar with the matter.  In some cases, the bankers are on three- to six-month work arrangements to finish client mandates

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