Asian Financial Forum held entirely online next week
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HSBC has shaken up its top team ahead of a major strategy update today that will see it pivot to Asia .
The lender, which is slimming down its European and US operations as it boosts its focus on China and other fast-growing economies in the region, said chief financial officer Ewen Stevenson will take on responsibility for the bank s transformation and mergers and acquisitions.
Stevenson, who joined HSBC from Royal Bank of Scotland in 2019, is a key lieutenant of chairman Mark Tucker and the move suggests there may be more deal-making on the horizon.
New direction: HSBC is slimming down its European and US operations as it boosts its focus on China and other fast-growing economies in the region
Banking giant HSBC shakes up top team in pivot to Asia
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