HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp
- Posted on February 19, 2025
- By International Business Times
- 7 Views
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HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp
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Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026.