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: London set to overhaul listing rules to attract tech IPOs and cash in on blank-check boom

Government-backed review proposes allowing dual-class shares to give founders greater control of their businesses......»»

Category: topSource: marketwatchMar 4th, 2021

HSBC to push on with overhaul "wherever possible" despite crisis

HSBC will press ahead with plans to shift capital from underperforming businesses, cut costs and strip out layers of management, despite problems caused by the coronavirus pandemic......»»

Category: topSource: reutersApr 24th, 2020

HSBC to press ahead with overhaul "wherever possible", despite coronavirus

HSBC will press on with plans to reallocate capital from underperforming businesses, cut costs and strip out layers of management, its Chief Executive Noel Quinn said, despite problems caused by the coronavirus pandemic......»»

Category: topSource: reutersApr 24th, 2020

HSBC to slash investment bank, 35,000 jobs in strategy overhaul

HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

Category: topSource: reutersFeb 18th, 2020

HSBC to slash 35,000 jobs after profits fall

HSBC said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

Category: videoSource: reutersFeb 18th, 2020

HSBC to shed assets worth $100 billion and slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

Category: topSource: reutersFeb 18th, 2020

EU plans more protectionist antitrust rules, data sharing in policy shake-up

The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper edge in global markets, a strategy document seen by Reuters shows......»»

Category: topSource: reutersJan 25th, 2020

Report: Chevron planning cost-cutting overhaul, focus on shale

Chevron CEO Michael Wirth is preparing to make sweeping changes at the oil and gas company, streamlining operations and placing more emphasis on shale, natural gas and deepwater businesses. According to a report by Reuters, the company is trying to s.....»»

Category: topSource: bizjournalsNov 25th, 2019

ABB"s Voser battles headwinds as he pursues overhaul

ABB is pressing ahead with a review of its underperforming businesses and expects a turbulent 2019 amid a slowdown in some markets and China-U.S. trade tensions, Chairman and interim Chief Executive Peter Voser told Reuters......»»

Category: topSource: reutersJul 9th, 2019

ABB"s Voser battles headwinds as pursues overhaul, new CEO

ABB is pressing ahead with a review of its underperforming businesses and expects a customer slowdown and China-U.S. trade tensions to mean a turbulent year, its Chairman and interim Chief Executive Peter Voser told Reuters......»»

Category: topSource: reutersJul 9th, 2019

Deutsche Bank to set up 50 billion euro bad bank: FT

Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday......»»

Category: topSource: reutersJun 16th, 2019

Deutsche Bank to shrink or shut U.S. equity and trading businesses: FT

Deutsche Bank is planning to overhaul its trading operations, including the creation of a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday......»»

Category: topSource: reutersJun 16th, 2019

Siemens CEO says aim of overhaul is for sound and strong company

Siemens' decision to separate and spin off its struggling gas and power business is intended to strengthen the group's remaining businesses, Chief Executive Joe Kaeser said on Wednesday......»»

Category: topSource: reutersMay 8th, 2019

Goldman offers fresh details on overhaul progress as revenue slides

Goldman Sachs Group Inc offered new tidbits about its sweeping operational overhaul when reporting first-quarter results on Monday, but investors focused on revenue declines across nearly all its main businesses, sending shares lower......»»

Category: topSource: reutersApr 15th, 2019

Global helium shortage hurting city small businesses

A 40,000-square-foot arts center will open on Governors Island in September in a former munitions warehouse, the Lower Manhattan Cultural Council announced. The estimated $12 million overhaul of the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 25th, 2019

Capitol Report: More than 40% of tax law’s ‘pass through’ benefit goes to millionaires, Congressional estimate finds

A deduction for pass-through businesses included in the tax overhaul President Donald Trump signed last year will largely benefit those making more than $1 million, according to a new congressional estimate......»»

Category: topSource: marketwatchApr 23rd, 2018

Bonuses for businesses: Trump"s TCJA incentivizes real estate activity

As President Donald Trump promised, his Tax Cuts and Jobs Act (the “TCJA”) initiated an overhaul intended to simplify an otherwise arduous tax code. Businesses benefited in a number of ways beyond the celebrated reduction in the corporate tax .....»»

Category: topSource: bizjournalsApr 17th, 2018

Top 12 Tax Cuts and Jobs Act changes affecting businesses and owners

The Tax Cuts and Jobs Act resulted in the most significant overhaul of the Internal Revenue Code (IRC) in more than 30 years. Below are some highlights affecting the federal income taxes of many businesses and their owners: 1. Corporate tax rate .....»»

Category: topSource: bizjournalsApr 15th, 2018

How businesses are really spending their tax cuts

President Donald Trump's tax law was sold as a transformative overhaul that would unlock an ocean of money Corporate America could spend on job-creating investments......»»

Category: topSource: moneyMay 22nd, 2018

After Starbucks arrests, Philly police overhaul business trespass policy

Under the new policy, officers are being told to attempt to mediate confrontations between businesses or private property owners and individuals accused of trespassing......»»

Category: topSource: foxnewsJun 8th, 2018