Investment Banking

HSBC shuffles investment bank leaders, creates Covid crisis team

HSBC is pushing ahead with a shake-up of its global banking business under Greg Guyett and Georges Elhedery

HSBC shuffles investment bank leaders, creates Covid crisis team
Photo: iStockPhoto

HSBC has made more changes to the leadership of its investment bank in the wake of a structural overhaul in February, naming regional heads and putting one of its most senior bankers in charge of a new unit to help clients navigate the Covid-19 crisis. 

The UK lender has halted plans to lay off thousands of staff during the pandemic but is pushing ahead with a shake-up its global banking business under Greg Guyett and Georges Elhedery, the recently installed as co-chief executives of its broader investment bank.

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