HSBC: The questions investors want answered on Elhedery’s global shake-up

City A.M.

Published

HSBC’s new chief executive has made his play to cut costs and home in on core divisions for the next phase of growth at Europe’s biggest bank. Georges Elhedery, the lender’s ex-finance chief who succeeded Noel Quinn last month, announced a sweeping restructuring on Tuesday that will reorganise the group’s existing three divisions into four [...]

Full Article