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The new boss of HSBC has announced a sweeping restructuring that internally divides the Asia-focused bank’s operations in two to cut costs and help it negotiate a growing geopolitical split between China and the West. Georges Elhedery, who took charge…
The owner of Simply Be and Jacamo is joining the ranks of struggling UK stocks delisting from London’s junior Aim market after it received a £191 million takeover bid by a member of the controlling Alliance family. Shares in N…