The bank’s latest reorganisation has arguably left it with few options to boost revenue as it faces trade tariffs and lower interest rates
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‘International Manager’ programme closed to new recruits as CEO Georges Elhedery reshapes Europe’s largest lender
Lender ‘maniacally focused’ on rebuilding its investment bank in one of its home markets
First-quarter income dips to $9.4bn, missing analyst expectations
Watchdog previously barred bank from taking on high-risk customers over lax anti-money laundering checks
Georges Elhedery tells FT Global Banking Summit it is ‘not an option’ for lender to fall short in key areas
Scrapping of international manager programme comes despite need for long-term employees schooled in bank’s culture
