HSBC’s new boss unveils major restructuring

City A.M.

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HSBC’s new boss has unveiled a sweeping overhaul of its operational structure as Europe’s biggest lender also appointed its first female finance chief. Georges Elhedery, who took over as CEO from Noel Quinn at the start of September, has divided the London-based bank into four new divisions effective from the start of 2025. The bank [...]

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