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HSBC mulls sending senior executives back to Hong Kong roots

HSBC mulls sending senior executives back to Hong Kong roots
21 February 2021 - 18:35 Harry Wilson
Picture: REUTERS/BRENDAN MCDERMID
London HSBC is considering the return of some global leaders to the bank’s original hometown, reinforcing Asia’s role as its centre of gravity.
A cadre of senior executives is set to relocate in coming months to Hong Kong from HSBC’s Canary Wharf headquarters, said people familiar with the plans, as Europe’s biggest bank pares its global ambitions.
CEO Noel Quinn will begin marketing what is known internally as the “pivot to Asia” on Tuesday when he announces 2020 earnings. Moving the trio Nuno Matos, CEO of wealth and personal banking; Greg Guyett, co-head of global banking and markets, and Barry O’Byrne, CEO of global commercial banking would mean businesses responsible in 2019 for 95% of net revenue will be run out of Hong Kong. ....

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HSBC considers moving top executives to Asia to strengthen push

[HONG KONG] HSBC Holdings 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. Read more at The Business Times. ....

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HSBC Considers Moving Top Executives to Strengthen Asia Push

HSBC Considers Moving Top Executives to Strengthen Asia Push
HSBC’s headquarters lights up the night in Hong Kong on Jan. 25. Photo: Bloomberg
(Bloomberg)
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.
The bank is mulling moving London-based Greg Guyett and Georges Elhedery, the co-heads of its investment bank, to Asia, people familiar said, declining to be identified as the details are private. Other direct reports to CEO Noel Quinn are also being considered for relocations, placing more top decision makers in the region where it makes the bulk of its money, the people said. The moves are being considered as HSBC prepares to announce the outcome of a strategic review this month. ....

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О послании Пекина администрации Байдена
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Лютфи Заде: азербайджанский гений мировой науки - Avesta - информационное агентство
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