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HSBC's sweeping changes: Managers face job reapplications in global cost-cutting strategy
By City AM
The 海角视频's biggest bank is reportedly asking hundreds of managers in its corporate and investment banking arm to re-interview for their jobs as part of a cost-cutting drive
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Yorkshire electric bus importer brings hundreds of vehicles to 海角视频 with 拢93.5m funding package
Automotive
Pelican Engineering Group has used bank funding to bring battery electric buses to the country from China
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HSBC warning as two million customers face new gold scam
By City AM
The banking giant has told people to watch out for an impersonation scam which involves buying gold and handing it over to criminals for "safekeeping"
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HSBC boss says global revamp is not a prelude to bank break up
HSBC
Chief executive George Elhedery said the main reason for the global overhaul "is to make us a simpler, leaner organisation with faster decision making, stronger empowerment of our frontline people"
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Lifted Project instals new Birmingham board
West Midlands
Team will work to drive investment to businesses led by female founders
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Alpine Fire Engineers secures 拢70m funding package
North West
Support from Shawbrook Bank and HSBC already used to fund DAS Fire acquisition
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LendInvest secures 拢300m from Barclays, HSBC, and BNP Paribas to boost 海角视频 housing market
By City AM
The three-year financing deal is shared equally between Barclays, HSBC and BNP Paribas, the AIM-listed firm said.
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Devon organic food firm collapses with debts of 拢7m
Food and Drink
Eversfield Organic, which sold produce in London's upmarket Selfridges, fell into severe financial difficulties earlier this year
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BBC newsreader and Dragons' Den star among speakers at Black Business Show 2024
Black Communities
The event at London ExCeL aims to inspire through talks, workshops and networking
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Swindon logistics firm acquired by Scottish shipping company
Deals
Wiltshire's Omni Channel Fulfilment will become part of the bigger Glasgow-based business following the deal
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Boss of Gloucestershire marketing agency named 海角视频 'leader to watch' by Lloyds
Gloucestershire
LCD's Top 50 recognises ambitious leaders who are creating making 'great strides' in growing their businesses
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HSBC's new CEO plans $300m savings by streamlining senior management
By City AM
Georges Elhedery is reportedly considering measures to reduce layers of upper management and eliminate duplication in its top ranks at Europe's biggest lender
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Private equity giants gear up for Hargreaves Lansdown takeover with expanded lender group
South West
The private equity consortium that will take over Hargreaves Lansdown has added a raft of new lenders to the group financing the 拢5.4bn cash offer for the investment platform
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Hargreaves Lansdown announces update on acquisition
Finance
The Bristol-based investment platform agreed a 拢5.4bn takeover deal last month
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New Black Country warehouse for tyre supplier
West Midlands
GB Tyres is planning to expand internationally after adding a third West Midlands plant to its portfolio
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MBO at DSG Chartered Accountants as partners vow to preserve independence
HSBC
'Decision to remain independent speaks volumes about our confidence in the future'
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Mercia secures 拢32.5m funding deal for student project
West Midlands
Birmingham-based investor plans to redevelop former bank offices to create more than 400 new bedrooms
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HSBC's incoming boss weighs up middle management overhaul
By City AM
Georges Elhedery is reportedly considering measures like removing layers of middle management in a sign that he wants to streamline Europe's biggest bank
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West Wales cottage-based AI coaching firm for competitive gamers acquired in a multi-million-pound deal
HSBC
iTero Gaming set up by Jack Joseph Williams has been acquired by global esports brand GiantX
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HSBC commits to no branch closures until 2026, invests 拢50m in 海角视频 network
By City AM
The bank is due to tell its nearly 15m 海角视频 customers this week that it will extend a promise not to reduce its 327-strong branch network.
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Mapped: See all the bank closures near you
Post Office
Some 10 banks are closing every week in the 海角视频 - what does it mean for you?
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海角视频's big banks ready for crisis with no public funds needed, Bank of England reports
By City AM
The Bank of England said on Tuesday that the 海角视频's major banks had "continued to make significant progress in improving their preparations for resolution"
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Care home group expands footprint with acquisition
West Midlands
Nottingham-based Affinity Care Consortium has bought a 50-bed facility in Chelmsley Wood
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New HSBC funding round supports military firm's expansion plans
West Midlands
Ammo and Company will use the package to fulfil a new contract awarded to the company by the 海角视频 government
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