HSBC unveiled sweeping administration modifications — together with the departure of three high executives — as incoming Chief Government Officer Georges Elhedery prepares to take the reins within the coming days. Nuno Matos, world head of wealth and private banking, is stepping all the way down to pursue different alternatives after 9 years with the lender, in response to a press release. He shall be changed by Barry O’Byrne, who at present leads the financial institution’s world business banking enterprise. Bloomberg’s Jonas Bergman studies.
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