HongKong

HSBC is bracing for massive overhaul next week as interim chief executive’s future hangs in the balance




From its headquarters near the Thames to its Asian hub by the South China Sea, HSBC Holdings is abuzz.With days to go before the bank unveils a restructuring, trading desks and back offices are bracing for scenarios that could see the announcement of another reshuffle of senior management, a surprise new chief executive, withdrawals from businesses and job reductions across the globe. It will be the London-based lender’s third major overhaul in a decade, and it will be announced on Tuesday.“The…



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