Arab Today, arab today hsbc\s hong kong chief quits post
Last Updated : GMT 12:18:19
Arab Today, arab today
Arab Today, arab today

HSBC\'s Hong Kong chief quits post

Arab Today, arab today

Arab Today, arab today HSBC\'s Hong Kong chief quits post

Hong Kong - AFP

The head of HSBC\'s Hong Kong unit is leaving his post after more than two decades at the British lender.The departure of Mark McCombe, who will become chairman of investment firm BlackRock\'s Asia-Pacific business, comes as HSBC pushes ahead with plans to shed 3,000 jobs in the city over the next three years.Anita Fung, the HSBC unit\'s general manager, will succeed McCombe as chief executive, the bank said late Friday. \"Ms. Fung succeeds Mark McCombe, who is leaving the bank to join another financial institution in Hong Kong,\" it said in a statement.HSBC last month announced plans to save up to $3.5 billion by 2013 and to axe 30,000 jobs globally by 2013.The Asia-focused bank has also said it will hire up to 15,000 people in emerging markets by 2014 as it looks to Asia\'s booming financial sector to power future growth, yet is still pushing ahead with the Hong Kong jobs cull.HSBC was founded in Hong Kong and Shanghai in 1865, although it remains headquartered in London.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hsbc\s hong kong chief quits post Arab Today, arab today hsbc\s hong kong chief quits post

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hsbc\s hong kong chief quits post Arab Today, arab today hsbc\s hong kong chief quits post

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday