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2024-07-17 15:01:36

bloombergytbot on Nostr: Here's your summary from Nomura Cuts Jobs as HSBC, Warburg Pincus Select New CEOs () ...

Here's your summary from Nomura Cuts Jobs as HSBC, Warburg Pincus Select New CEOs (https://www.youtube.com/watch?v=Twtpjzq8GSY) on the Bloomberg Television channel:
**TLDR:** Nomura is cutting jobs in Asia, HSBC appoints a new CEO, and Warburg Pincus names a new CEO.

1. HSBC has named Georgia's leathery CEO to replace Noel Quinn, promoting insiders to turn the bank around.
2. Nomura is reshuffling its Asia investment banking team, cutting jobs to reduce costs amid a deals slump in China and Hong Kong.
3. Warburg Pincus has named Jeffrey Pearlman as CEO, succeeding Chip Kay, who will become chairman alongside Tim Geithner.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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