HSBC has increased its provision for expected credit losses in Hong Kong by US$400 million because of the protests that have forced the economy into a technical recession in the third quarter. Photo: BloombergHSBC has increased its provision for expected credit losses in Hong Kong by US$400 million because of the protests that have forced the economy into a technical recession in the third quarter. Photo: Bloomberg
HSBC has increased its provision for expected credit losses in Hong Kong by US$400 million because of the protests that have forced the economy into a technical recession in the third quarter. Photo: Bloomberg
Business /  Banking & Finance

HSBC shuffles senior management as interim CEO Noel Quinn makes his mark on the bank

  • Marc Moses, chief risk officer and a director, one of three senior executives to retire or move within the bank
  • Georges Elhedery and Greg Guyett will become co-heads of HSBC’s investment bank
Topic |   HSBC: Latest news and updates
Chad Bray
Chad Bray

Updated: 7:26pm, 9 Dec, 2019

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HSBC has increased its provision for expected credit losses in Hong Kong by US$400 million because of the protests that have forced the economy into a technical recession in the third quarter. Photo: BloombergHSBC has increased its provision for expected credit losses in Hong Kong by US$400 million because of the protests that have forced the economy into a technical recession in the third quarter. Photo: Bloomberg
HSBC has increased its provision for expected credit losses in Hong Kong by US$400 million because of the protests that have forced the economy into a technical recession in the third quarter. Photo: Bloomberg
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