Posts in tag
corporate organizational restructuring
Breaking Up HSBC Wouldn’t Solve its Political Woes
HSBC, Europe’s most valuable bank, makes most of its money in Asia but is headquartered in the U.K. Now its largest shareholder, China’s Ping An Insurance, is pushing for strong measures to rectify this unwieldy arrangement—including a potential spinoff of the Asian business. HSBC is involved in a major restructuring effort to tilt its business …
Real Estate Company Compass Struggles to Deliver on Big Technology Promise
Last summer, the SoftBank Vision Fund and other venture-capital investors put $370 million into Compass, a real estate firm promising to shake up the residential brokerage industry. The deal valued Compass at $6.4 billion, which at the time made it 10 times more valuable than Realogy Holdings, the public company that owns Century 21, Coldwell …
