It’s been a pretty awful year for HSBC, and 2019 is not ending on a high. News has surfaced that long-serving head of its global banking and markets (GBM) division, Samir Assaf, is to be replaced.
No official announcement has been made, and yet the lack of denials from the bank confirm the story to be true.
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| Samir Assaf |
It has caught almost everyone on the hop. Only a very few people inside the bank know that discussions are even taking place.
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