HSBC Holdings appoints new China CEO in latest reshuffle

HSBC Holdings appoints new China CEO in latest reshuffle

People walk past a major branch of HSBC at the financial Central district in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip

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 U.K. lender reaffirms the commitment to the world’s biggest banking market.

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