Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts

Shah Rukh Khan has an association with the blue-peered toward chaiwalla. This is what SRK needs to state

Shah Rukh Khan took to Twitter to react to blue-peered toward "chaiwalla" Arshad Khan who said he looked like the on-screen character. SRK's reaction will fill your heart with joy.

Blue-peered toward "chaiwala" Arshad Khan from Pakistan got to be renowned when a photographic artist from the nation shared his photo via web-based networking media. The man got numerous offers of displaying assignments post his freshly discovered prominence. In a video discharged as of late when Arshad Khan was asked who does he take after, he grinned and said, "Shah Rukh Khan."

SRK is apparently complimented by the answer and took to Twitter to share the video. Shah Rukh said, "How sweet is this. Magnificence lies in straightforwardness." If you are asking why SRK specified the word effortlessness, you need to watch the video. In this video, Arshad said that he has 17 kin and knows that he has ended up well known. At the point when a columnist asks him who does he take after, he resembled a bashful young man.

Shah Rukh Khan has numerous fans over the outskirt and now he has included one more.

Prior, Arshad Khan was welcomed for a show called 'Great Morning Pakistan' and was given a makeover. The photographs from the show made it on the web and individuals couldn't quit discussing them. Khan — whom individuals had for the most part found in his blue kurta — wore an exemplary blue suit and a blue sherwani.

The man has a demonstrating contract (and apparently a few others have been offered) and has showed up on numerous syndicated programs and radio shows as far back as he got renowned.

HSBC reshuffles investment banking arm in a bid to cut costs and make business 'more agile'

HSBC is understood to be in the process of reorganising its banking operations worldwide, in a bid to cut costs and ensure the business is "more agile".

In June last year, the FTSE 100-listed lender unveiled plans to reduce the size of its investment banking division by a third and reduce its global workforce by approximately 25% in an attempt to boost profitability.

According to an internal memo seen by Reuters, the bank is expected to cut dozens of senior jobs in its investment banking division, although it did not specify how many jobs would be slashed as part of the reshuffle.

Robin Phillips and Matthew Westerman, the joint chiefs of HSBC's global banking, said the changes will include establishing new corporate, financials and multinationals banking divisions, which will be headed by Philippe Henry.

"Our new structure will deliver the best outcome for our clients by bringing our country, sector and product teams closer together – and improve returns for our shareholders by improving our profitability and generating efficiencies," said Westerman and Phillips.

"The environment around us is changing, and we must adapt to ensure that we use our competitive strengths."

Westerman, who started at HSBC last month after leaving Goldman Sachs in February following a 16-year spell at the US bank, is just one of the high-profile figures involved in the reshuffle, which saw 15 senior bankers being let go earlier this month.

Last week, the lender hired Andre Cronje, the former chief operating officer at UBS investment bank, to cover the same role within HSBC' Global Banking and Markets branch. Meanwhile, HSBC confirmed Patrick George has been promoted to head of global markets for EMEA, a role he will take over on 1 July.

George will replace Niall Cameron, who will be moving on to cover the newly created role of head of corporate and institutional digital.

In the first quarter, HSBC's Global Banking and Markets division saw pre-tax profit plunge 30% year-on-year to $2.12bn (£1.46bn, €1.87bn).