HSBC considers moving top executives to Asia to strengthen push2 min read . Updated: 03 Feb 2021, 03:12 PM IST
- The bank is mulling moving London-based Greg Guyett and Georges Elhedery, the co-heads of its investment bank, to Asia
- HSBC is planning to shift billions in capital to Asia, in particular to China, to reignite profitability as it scales back or exits businesses in Europe and the US
HSBC Holdings Plc is considering relocating a handful of senior executives from London to Hong Kong or Singapore as Europe’s largest lender bets its future on Asia.
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