HSBC Makes Sweeping Overhaul to Bank’s Senior Management

Dec.09 -- HSBC Holdings PLC’s Samir Assaf will be replaced as head of the global banking and markets division as interim Chief Executive Officer Noel Quinn overhauls the bank’s senior management team. Bloomberg’s Sonali Basak reports on "Bloomberg Daybreak: Americas."

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They should have been charged with racketeering, fraud, embezzelment and trafficking.