--HSBC Holdings PLC plans to relocate some its top executives to Hong Kong from London as part of its shift to Asia, the Financial Times reports, citing an internal memo.

--Greg Guyett, co-head of global banking and markets; Nuno Matos, chief executive of wealth and personal banking; Barry O'Byrne, chief executive of global commercial banking, and Nicolas Moreau, head of asset management, will move to Hong Kong in the second half of the year, according to the FT.

--The memo said HSBC will relocate some direct reporting roles along with the executives but doesn't plan a mass movement of jobs to Hong Kong from London, the FT reports.

 

Full story: https://on.ft.com/2Qlexdt

 

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(END) Dow Jones Newswires

April 14, 2021 06:25 ET (10:25 GMT)

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