HSBC Holdings Plc gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers.

The downsizing will be done through layoffs, natural attrition, and reassignments within HSBC's operations in China.

KUALA LUMPUR: HSBC in Malaysia launched its first environmental, social and governance (ESG) Islamic structured product in the country. The landmark ringgit principal protected participation ...