HSBC pushes closer integration with fresh global banking revamp

HSBC has overhauled the structure of its global banking business for the second time in as many years in a push to cut costs and bring its commercial and investment banking divisions closer together.
Greg Guyett — who along with Georges Elhedery succeeded Samir Assaf as co-CEO of HSBC’s global banking and markets (GBM) division in February — has implemented a number of changes to the banking business that were in the pipeline for weeks but delayed due to the
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