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HSBC Malta has announced it will be launching two voluntary redundancy schemes as part of efforts to "create a leaner working model" that will impact "limited" ....
Web-series promoting financial literacy launched timesofmalta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofmalta.com Daily Mail and Mail on Sunday newspapers.
New web series in April to promote financial literacy timesofmalta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofmalta.com Daily Mail and Mail on Sunday newspapers.
HSBC Malta Foundation supports the Human Capital Research Project The HSBC Malta Foundation is supporting the Human Capital Research Project through a donation of €120,000. The three year-long research project, headed by Dr Rose Marie Azzopardi and Prof Alexiei Dingli and endorsed by the Ministry for Education, will focus on identifying current and future skills in financial services and banking, information technology, communication, professional, scientific and technical services. Once concluded, the project will contribute to Malta s ongoing competitiveness in the global economy by delivering a series of evidence-based policy recommendations. Simon Vaughan Johnson, CEO at HSBC Malta said: Malta s success has always been built on the skill and adaptability of its people. As technology continues to drive exponential change across the globe, it s never been more important to focus on upskilling and reskilling. The Human Capital Research Project w ....
HSBC Malta suffered a 66% drop in profit in 2020 over the previous year, with the bank saying COVID-19 had a major impact on its profitability. In a company announcement, the bank on Tuesday reported profit before tax of €10.4m for the year ending December 2020, a decrease of €20.3m or 66% compared to the previous year. The bank s net fee income decreased by €1.8 million compared to 2019, which the bank says was driven largely by a reduction in activity due to the pandemic across cards, payments, insurance and credit facilities. Operating costs also took a hit, amounting to €97.4 million compared to €120.7 million reported in 2019, the latter of which included a restructuring provision worth €16 million. ....