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HSBC appoints John McDonald as Chief Marketing Officer
HSBC appoints John McDonald as Chief Marketing Officer

Campaign ME

time6 days ago

  • Business
  • Campaign ME

HSBC appoints John McDonald as Chief Marketing Officer

HSBC has appointed John McDonald as Chief Marketing Officer (CMO) with effect 1 October 2025. McDonald was the Group CMO at Swiss-based multinational investment bank and financial services firm UBS. In this newly created role, McDonald will bring together the Marketing and Brand functions across HSBC's four primary businesses under unified leadership. He will be responsible for shaping and delivering HSBC's marketing, branding, client engagement across the bank's four business areas of International Wealth and Premier Banking, Corporate and Institutional Banking, Hong Kong and the UK. During his 25-year career as a global marketing leader, John has worked with the world's leading brands such as Mastercard, American Express and British Airways, and led key accounts at Publicis Groupe and WPP across the Americas, Asia and Europe. Sharing his thoughts on a LinkedIn post, John McDonald, CMO, HSBC, said, 'It's a pivotal time to join — as HSBC reshapes itself to become simpler, more agile, and more focused on the needs of its clients. I can't wait to contribute to that transformation and build on the incredible momentum my future colleagues around the world have already created.' McDonald added, 'I was born in Clapham South, raised in Wembley, went to school in Barnet, and started my first proper job in Canary Wharf (at Ogilvy, when they still had a speedboat you could use — it was a very different time). My parents still live in North London. But as the years passed, I stopped calling London home. In truth, I didn't think I'd ever have reason to do so again. But, if I've learned anything, it's that life rarely follows the path we expect. So I couldn't be happier to be coming home — to lead a truly iconic global brand and take on what is, for me, the opportunity of a lifetime.' He joins HSBC at a pivotal time, given its renewed strategy to become a more simple, agile and focused bank to better serve its customers. Commenting on the appointment, Barry O'Byrne, CEO, International Wealth and Premier Banking at HSBC, said, 'HSBC's ambition is to become the most trusted bank globally, putting our customers at the heart of everything we do. We are excited to welcome John whose depth and range of experience will be invaluable – not only as we increase our focus on wealth, but as we accelerate growth, increase market share and build an even more distinctive brand that resonates with current and future clients across our businesses and markets globally.' Recent highlights of HSBC's brand, marketing and client engagements include its Global Brand Campaign including the 'Originals' content series with Bloomberg, Conde Nast and Vox Media, a refreshed Global Airport strategy resulting in media presence across 23 global airports. The bank has also invested in strategic brand partnerships such as: the Kai Tak Stadium in Hong Kong, HSBC Championships in the UK and the LIV Golf Global Partnership – all alongside an existing portfolio across sports, arts and culture. In 2025, HSBC relaunched its Private Bank and Premier services, in addition to hosting a series of wealth Summits, including their Flagship Global Investment Summit. The bank also rebranded the newly created Corporate and Institutional Banking (CIB) business. Additionally, HSBC recently marked its 160th year with celebratory events, activations and digital engagement campaigns to enhance client interaction and brand presence.

Former Vero Beach Mayor Mary Beth McDonald dies at 73 following lengthy illness
Former Vero Beach Mayor Mary Beth McDonald dies at 73 following lengthy illness

Yahoo

time18-07-2025

  • General
  • Yahoo

Former Vero Beach Mayor Mary Beth McDonald dies at 73 following lengthy illness

VERO BEACH — Mary Beth McDonald, a former City Council member and mayor from 2005-2006, died July 4 after a lengthy illness. She was 73. McDonald was elected to the City Council in 2004 and served until 2006. She was heralded for her leadership during hurricanes Frances, Jeanne and Wilma. "Her resolve and hard work were unparalleled during her time on council," said Dr. John W. McDonald, her husband of 48 years. "Though she served only one term, it was an eventful term." John McDonald will remember his wife for her optimism, humor and honesty, he said. After leaving office, McDonald was appointed by Gov. Rick Scott to the Florida Atlantic University Board of Trustees, and served from 2013-2021. Historic hurricanes When hurricanes Frances and Jeanne hit the city in 2004, McDonald's communication skills and optimism shone through. "She was so instrumental in getting the city through what is probably its darkest hour," said former City Clerk Tammy Bursick. "She was so focused and driven. I really admired her for that." The following year, Hurricane Wilma brought immense flooding, seemingly setting the city's recovery back. But not on McDonald's watch. "We couldn't have recovered as quickly as we did without her," said Bursick. "She was so graceful during that time, and her communication skills and leadership were a site to behold." She facilitated rebuilding until the end of her term, said Bursick. "The hurricanes really are the big story of her time on council," said John McDonald. "She hardly got a break during that time because of the storms." Long-time resident McDonald — originally of Chevy Chase, Maryland — arrived in Vero Beach in 1982. She and her husband were establishing a dermatology practice after relocating from Washington, D.C. The two were married in 1977, and had two sons, John Lawrence and Patrick Warren. A graduate of FAU with a degree in communications, McDonald's career spanned more than 25 years. She ascended to the role of communications director for the city, wrote freelance for Florida Parenting News, was a speech and drama teacher at St. Edward's School and opened her own marketing agency, One Source Media and Marketing. Other accomplishment during her term on council were facilitating the opening of Quail Valley Golf Club, Costa d'Este Beach Resort and Spa and renovating the Vero Beach Theater. "She really enjoyed her time on council and serving the city in any way she could," said her husband. "She loved Vero Beach." Education news: New state law means some Treasure Coast high schools likely to continue early start times Larry's take: Vero Beach percentage of county population wanes; major challenges faced | Opinion She also was very active in civic organizations, including the Jasmine Circle Garden Club, Florida Medical Association Ladies Auxiliary and Friends of the Riverside Theater. She is survived by her husband, her sons and two sisters, Susan and Martha Widmayer. Funeral service will be at 10 a.m. Aug. 1 at Holy Cross Catholic Church, 500 Iris Lane, Vero Beach. The family requests donations to VNA Hospice House, at Nick Slater is TCPalm's Indian River County Watchdog reporter. You can reach him at and 224-830-2875. This article originally appeared on Treasure Coast Newspapers: Former Vero Beach Mayor Mary Beth McDonald has passed away at age 73 Solve the daily Crossword

Citigroup (C) Is About to Report Q2 Earnings Tomorrow. Here's What to Expect
Citigroup (C) Is About to Report Q2 Earnings Tomorrow. Here's What to Expect

Business Insider

time15-07-2025

  • Business
  • Business Insider

Citigroup (C) Is About to Report Q2 Earnings Tomorrow. Here's What to Expect

Citigroup (C), one of the prominent U.S. banks, is scheduled to announce its results for the second quarter of 2025 on Tuesday, July 15. Citi stock has rallied 23.2% year-to-date, driven by the bank's solid Q1 results and initiatives to streamline operations and offload non-core businesses. Investors will pay attention to management's commentary on the impact of macro uncertainties on the bank's outlook. Wall Street expects Citi's Q2 earnings per share (EPS) to rise 5.9% year-over-year to $1.61. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Meanwhile, revenue is expected to grow by 4% to $20.96 billion. As reflected in this chart from Main Street Data, Citi delivered solid Investment Banking and Fixed Income and Equity Markets revenues in the first quarter. Investors will expect continued momentum in key businesses. Analysts Weigh in on Citi's Q2 Earnings Expectations Heading into the Q2 results, Truist analyst John McDonald increased his price target for Citi stock to $93 from $84 and maintained a Buy rating. The 4-star analyst stated that the recessionary fears that drove the steep sell-off ahead of Q1 results have mostly played out. McDonald expects Citi's Markets revenues to grow mid-to-high single digits in Q2 2025 and Investment Banking fees to rise by mid-single digits. Recently, Keefe Bruyette analyst Christopher McGratty increased the price target for Citi stock to $105 from $92 and reaffirmed a Buy rating. The 5-star analyst stated that he is bullish on the long-term structural benefits of scale for the large-cap U.S. banks. McGratty prefers business models that can produce leading returns with high degrees of predictability. Here's What Options Traders Anticipate Ahead of Citi's Q2 Earnings Using TipRanks' Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don't worry, the Options tool does this for you. Indeed, it currently says that move in either direction in Citi stock in reaction to Q2 results. Is Citigroup a Good Stock to Buy? Turning to Wall Street, Citigroup stock scores a Moderate Buy consensus rating based on 11 Buys and four Hold recommendations. The average Citigroup stock price target of $95.32 indicates 10% upside potential from current levels.

Truist Increases PT on Bank of America to $53, Maintains Buy Rating On the Stock
Truist Increases PT on Bank of America to $53, Maintains Buy Rating On the Stock

Yahoo

time14-07-2025

  • Business
  • Yahoo

Truist Increases PT on Bank of America to $53, Maintains Buy Rating On the Stock

Bank of America Corporation (NYSE:BAC) is one of the 12 Best Stocks to Invest in for Good Returns. On July 9, Truist increased the price target on Bank of America Corporation (NYSE:BAC) from $51 to $53, maintaining its Buy rating on the stock. John McDonald from Truist Financial made the price upgrade on BAC ahead of the Q2 2025 release. The analyst pointed out that the recessionary fears that fueled the steep sell-off before the last quarter's results mostly played out in multiples, as did the subsequent rebound. Pixabay/Public Domain McDonald expects Bank of America's net interest income to be higher, though its net interest margins are likely to stay flatter compared to Q1 2025. The company posted net income of around $7.4 billion in Q1, up by 11% year-over-year. Whereas the net interest income soared 3% year-over-year. Bank of America Corporation (NYSE:BAC) is a bank holding company and a financial holding company. While we acknowledge the potential of BAC 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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