Tag: Restructuring

HSBC on Tuesday (Feb 18) agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and ...

The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBKHSBC on Tuesday ...

GM is restructuring its business in China, where domestic manufacturers backed by government subsidies have taken over the marketGENERAL Motors ...

ESTEE Lauder on Tuesday (Feb 4) expanded its restructuring plan that would include up to 7,000 job cuts and posted ...

HSBC Holdings is set to buck an industrywide trend of higher banker bonuses as it gears up for a multibillion-US ...

DIRECT lenders including Antares Capital, Blue Owl Capital and KKR are preparing to take over insurance claims manager Alacrity Solutions, ...

NEWMONT let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping ...

VOLKSWAGEN’S Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending in China ...

THIRTY-FOUR or 10 per cent of SPH Media’s employees in its tech division across teams and ranks will be cut as the ...

NESTLE announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month ...