HSBC has reshuffled some of its top regional and divisional executives ahead of a strategic update on Tuesday, in which it will redouble its focus on Asia and further retreat from Europe and the US.
Nuno Matos has been named global head of HSBC’s wealth and personal banking business, and the lender’s chief compliance officer Colin Bell will move to take his place running its European operations, according to a statement on Monday.
Michael Roberts will become chief executive of the US and Americas, while Stephen Moss will move from London to Dubai to run the Middle East, north Africa and Turkey business, the bank said.
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