Page 17 - Greg Guyett News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HSBC Holdings PLC’s search for growth is targeting wealth management as a potential new profit engine as it deepens its focus on Asia. In a presentation this week outlining the embattled lender’s second strategic reset in a year, HSBC chief executive officer Noel Quinn told about 250 top managers that the firm aims to become one of the world’s biggest wealth managers. Quinn said on the Tuesday call that the bank would “invest at scale” where it sees the greatest opportunity, pointing to Asia, the UK and the Middle East as likely areas for expansion, according to a document seen by Bl...

[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.

By Jasper Cox 04 Feb 2021 Philippe Henry, head of HSBC's global banking franchise for Europe, the Middle East and Africa, is leaving the bank. "[Henry] informed us last year of his intention to retire from the bank in the first half of 2021 after 32 years of dedicated service to the group," said Greg Guyett, co-chief executive of global banking and markets, and Nuno Matos, CEO of HSBC Bank plc and ...

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 relo...