Bloomberg From its headquarters near the Thames to its Asian hub by the South China Sea, HSBC Holdings is abuzz. With days to go before the bank unveils a restructuring, trading desks and back offices are bracing for scenarios that could see the announcement of another reshuffle of senior management, a surprise new chief executive, withdrawals from businesses and job …

Bloomberg Citigroup Inc kept Chief Executive Officer Michael Corbat’s total compensation at $24 million for last year, when the lender’s stock surged. Corbat got $1.5 million in salary and $22.5 million of incentive awards, consisting of cash and restricted stock, the New York-based bank said in a regulatory filing. The 59-year-old CEO, who’s led the bank since 2012, reassigned many …

ABU DHABI / WAM Endowed with abundant cultural resources and a large-scale economy, the UAE will act as a bridge to promote Korean culture to other Middle Eastern countries, according to a top South Korean official. “The UAE is Korea’s first ‘Cultural Dialogue’ partner country in Mideeast and has shown an active interest in Korean culture,” wrote Park Yang-woo, Minister …