HSBC Restructures Trading Division, Bloomberg Says, Citing Memo
--HSBC is restructuring its trading division, Bloomberg reports, citing a staff memo. --The London-based bank is combining some of its units in view of building "a financing powerhouse", the report says, citing HSBC's global head of markets and securities services Patrick George in the memo. --The changes are designed to "enhance client connectivity, operational efficiency" and "support our financing and transaction banking ambitions," HSBC said in a statement, according to the report. Full story: Write to Elena Vardon at elena.vardon@wsj.com (END) Dow Jones Newswires 11-20-25 0801ET
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