HSBC unveils investment banking shake-up

HSBC today restructured its corporate, investment banking and markets operation into three new business lines. The entire division will continue to be run by Stuart Gulliver and John Studzinski as co-heads.

The new global banking division includes corporate and institutional banking, global sector management investment banking, and project and asset finance.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions