A sign featuring a HSBC Holdings Plc logo hangs outside a bank branch in London, UK. - Bloomberg
HONG KONG (Bloomberg): HSBC Holdings Plc, which operates the largest franchise among global banks in China, named Mark Yunfeng Wang as president and chief executive officer of its China business as the UK lender reaffirms the commitment to the world’s biggest banking market.
Wang is currently head of global banking and markets China and replaces David Liao, who will take up another senior position in the group, the bank said in an email.
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