HSBC China's top wealth banker reassigned, Asia wealth head relocates to Shanghai
HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project in China. Trista Sun, who has been leading the bank's International Wealth and Premier Banking (IWPB) business in China, will leave the role on May 1 after more than three years, according to a company memo issued on Tuesday and seen by Reuters. Kai Zhang, the bank's Asia head of IWPB, will relocate to Shanghai from Singapore and take on the additional role as acting head of IWPB China from the same date, according to the memo.