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Elhedery already making mark on HSBC’s wealth business

Georges Elhedery is yet to officially start his new role as group CEO of HSBC, but is already making headlines. Multiple reports this week suggest that Elhedery is considering trimming middle management layers, meaning hundreds of mid-level jobs are expected to be cut across 130 countries in which HSBC has operations. Meanwhile, he may be faced with the task of…

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