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HSBC

Georges Elhedery, group chief executive of HSBC

Georges Elhedery Has Reorganised HSBC Around Four Businesses. Asia Concentration Must Now Lift Returns Without Raising Fragility

HSBC's four-business structure is taking shape as wealth and transaction banking grow. Georges Elhedery now has to turn Asian concentration into durable returns.

Georges Elhedery, Group Chief Executive of HSBC

Georges Elhedery Has Simplified HSBC. He Must Prove the Bank Can Grow Without Rebuilding Complexity

HSBC’s restructuring has sharpened returns and accountability. Georges Elhedery’s next task is to grow wealth and transaction banking without recreating the layers he removed.