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HSBC HOLDINGS Disbands Geopolitical Risk Mgmt Team, Affecting Fewer Than 10 Positions: Wire
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HSBC HOLDINGS (00005.HK) is disbanding a team dedicated to identifying and managing geopolitical risks, Bloomberg reported, citing sources familiar with the matter. The disbanding will impact fewer than 10 positions across Asia, Europe, and other regions, and some employees have already been given an opportunity to apply for other roles within the bank. The report quoted a statement released by HSBC HOLDINGS saying that the bank will continue to focus on helping clients navigate a complex and rapidly changing international environment. AAStocks Financial News |
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