HSBC splits asset management

HSBC is splitting its asset management business between core and specialist investment arms.

The specialist investment business, as yet unamed, will focus on Asian equities, emerging markets, fixed income, European equities and alternative investments. HSBC hopes this will be running early next year.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink