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Georges Elhedery Intends to Pump USD600M in Hang Seng Development Over Next 3 Yrs
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Keen on integration to create synergies following the Hang Seng Bank privatization, HSBC HOLDINGS (00005.HK) CEO Georges Elhedery revealed that the bank not only has no intention to lay off staff besides unifying the systems of the two banks, but it will also pump USD600 million in supporting Hang Seng's growth over the next three years. Elhedery also disclosed that a significant portion of resources will be dedicated to upgrading and training Hang Seng employees. AAStocks Financial News |
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