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All roads lead east? HSBC unveils latest group overhaul

HSBC has restructured its business lines and geographies following the recent appointment of group CEO Georges Elhedery, that will effectively separate the UK lender’s activities between east and west. Effective 1 January 2025, HSBC’s business lines will include Hong Kong, UK, corporate and institutional banking, and international wealth and premier banking, the bank said in a statement on Tuesday. The…

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