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
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…
