The bank has meanwhile begun a formal process to find a successor, considering both internal and external candidates. Noel will continue as Group Chief Executive during this process and ensure a smooth and orderly transition.
Hong Kong, Feb 18 (ANI): HSBC, the largest of Hong Kong's three currency-issuing banks, said on Tuesday it plans to cut as much as 35,000 jobs, reduce costs by an additional 4.5 billion US dollars and shrink its investment bank in Europe and the United States as part of a broad overhaul by i