HSBC is accelerating its “pivot to Asia”, moving top executives from London to Hong Kong, scrapping its US retail banking operation and planning further expansion in Singapore.
The moves, some of which are expected to be raised during a strategic update this week, come amid rising tensions between the west and China that have left the Hong Kong-founded, UK-headquartered bank in a precarious position.
Executives relocating to Hong Kong are likely to include Greg Guyett, co-head of global banking and markets, Nuno Matos, chief executive of wealth and personal banking, and Barry O’Byrne, chief executive of global commercial banking, according to people familiar with the matter.
您已阅读15%（681字），剩余85%（3909字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。