HSBC announces new heads of investment banking division
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LONDON (Reuters) - HSBC has named Georges Elhedery and Greg Guyett as co-heads of the global banking and markets division, which contains the lender's investment banking business.They replace Samir Assaf who will become chairman of corporate and institutional banking.Guyett now heads banking while Elhedery runs the markets business. The two will be tasked with turning around a part of HSBC's global business that has underperformed in recent years.The moves are among several senior management..