logo
HSBC Asks Managing Directors to Work In Office Four Days a Week

HSBC Asks Managing Directors to Work In Office Four Days a Week

Bloomberg29-07-2025
HSBC Holdings Plc is asking all managing directors to work in the office for at least four days a week starting in October, as the UK bank joins other financial firms pushing more staff back to the office.
The London-based bank told senior managers 'to set the tone from the top' as 'in-person interactions are essential to how we lead and deliver for our customers,' according to a memo seen by Bloomberg News. A spokesperson for the bank confirmed its contents.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

HSBC Reiterates Buy on Amazon (AMZN), $256 PT
HSBC Reiterates Buy on Amazon (AMZN), $256 PT

Yahoo

time12 minutes ago

  • Yahoo

HSBC Reiterates Buy on Amazon (AMZN), $256 PT

Inc. (NASDAQ:AMZN) is one of the . On August 4, HSBC analyst Paul Rossington reiterated a Buy rating on the stock with a $256.00 price target. Amazon has had a strong second quarter due to its growth in North America and International divisions. AWS growth was not as hoped, highlighting the need to spend more money to allow AI and cloud growth which are currently at early stages. 'While AWS growth disappointed vs Microsoft's 4QFY25 result, both updates outline the increased investment required to support growth at what remains the early stages of cloud and AI cycles, for which AMZN, with a leading share of the cloud market, looks well placed." christian-wiediger-rymh7EZPqRs-unsplash "As a result, 2Q25 capex of USD32.2bn was 25% higher than consensus of USD25.6bn. We believe this should now be considered the quarterly run-rate going forward. Cash & cash equivalents of USD61.5bn were broadly in line after taking higher capex into account.' Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Must-Watch AI Stocks on Wall Street and Disclosure: None.

What to Watch Ahead of DoorDash Q2 Earnings
What to Watch Ahead of DoorDash Q2 Earnings

Yahoo

time12 minutes ago

  • Yahoo

What to Watch Ahead of DoorDash Q2 Earnings

DoorDash (NASDAQ:DASH) reports Q2 2025 results after the bell on August 6. Analysts expect $0.44 in EPS on $3.2 billion in revenue, a 20% top-line growth. The stock is up 53% year-to-date and 122% over the past 12 months, recently hitting all-time highs as investors price in margin expansion and platform monetization. The call will spotlight profitability and segment performance. In Q1, DoorDash posted positive adjusted EBITDA and improving contribution margins across U.S. and international markets. Analysts will watch whether new growth areas such as ads, DashPass subscriptions, and logistics infrastructure are contributing meaningfully to cash flow, without pressuring unit economics. Updates on retention, order frequency, and cost control will be central to gauging sustainability. Commentary on the integration of Deliveroo, which DoorDash recently acquired, will also be closely watched. Investors will assess how the acquisition affects DoorDash's international positioning, cost structure, and competitive leverage in key European markets. With sentiment bullish and valuation stretched, Q2 must validate that DoorDash's scale benefits, diversified offerings, and disciplined execution can hold up even if consumer delivery behavior normalizes. This article first appeared on GuruFocus.

Pershing Square Holdings, Ltd. Announces Appointment of Independent Non-Executive Director
Pershing Square Holdings, Ltd. Announces Appointment of Independent Non-Executive Director

Yahoo

time12 minutes ago

  • Yahoo

Pershing Square Holdings, Ltd. Announces Appointment of Independent Non-Executive Director

LONDON, August 05, 2025--(BUSINESS WIRE)--Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today announced that following a thorough search process for a prospective PSH board candidate, the Nomination Committee recommended that the Board appoint Bilge Ogut as an independent non-executive director. Ms. Ogut will join the Board with effect from 5 August 2025. "Bilge brings a wealth of global investment expertise and deep sector knowledge, and we are delighted to welcome her to the Board of PSH," said PSH Chairman Rupert Morley. "Her experience in private equity and technology investing, in particular, will further enhance the Board's strategic perspective and capabilities." Bilge Ogut Ms. Ogut has over 25 years of industry experience and currently serves as an Advisory Partner to Partners Group. From 2013 to 2024, she held several senior leadership roles at the firm, including Head of Technology Investing and Head of Private Equity Europe. After joining the firm, she led a number of strategic investments and played a key role in developing the firm's technology investing strategy. During her tenure, she served on the Private Equity Investment Committee, the Global Investment Committee, and chaired the Technology Specialist Investment Committee. Since 2024, she has continued her involvement with the firm as an Advisory Partner. She currently serves on the boards of Forterro and Unit4, and previously held board roles at Civica, CPA Global, and Vermaat. She also served as an independent board member of PartnerRe, a global reinsurance business. Earlier in her career, Ms. Ogut was a Managing Director at Warburg Pincus, focusing on the TMT sector. She co-led Standard Bank's private equity business and began her career in Goldman Sachs' TMT group, gaining foundational experience in principal investing and capital markets. She holds an MBA from Harvard Business School and bachelor's degrees from the University of Pennsylvania's Wharton School and College of Arts and Sciences. About Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) is an investment holding company structured as a closed-ended fund. Category: (PSH:Other) View source version on Contacts Media CamarcoEd Gascoigne-Pees / Julia Tilley +44 (0)20 3757 4980, MediaInquiries@ Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store