HSBC to Move Top Bankers to Hong Kong as Asia Focus Sharpens
The shift comes as the bank has been caught up in the geopolitical tension between China and the West
HSBC makes most of its profit in Hong Kong and mainland China. Bloomberg
Global banking giant HSBC Holdings PLC will move four senior bankers from London to Hong Kong to boost its strategy of refocusing operations on Asia instead of Europe and North America.
The executives who will move later this year are Barry O’Byrne, head of global commercial banking; Greg Guyett, co-head of global banking and markets; Nuno Matos, head of wealth and personal banking, and Nicolas Moreau, head of global asset management, HSBC said in notes to staff.
“I want more of our global executive team to be located in…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.