InterContinental entered 2020 with net debt/EBITDA of 3.5 times, and its asset-light business model allows the company to operate with low fixed costs and stable unit growth, which led to $590 million ...
HSBC has announced a sweeping reorganisation that will redraw its operations between east and west, as new chief executive Georges Elhedery seeks to cut costs and better navigate geopolitical tensions ...
HSBC (HSBA) has announced a major shake-up of its global operations, further separating the UK and Hong Kong and rearranging the structures around the 221,000-plus global employees within the group.