--HSBC Scotland Chief Executive Alison McGregor will leave at the end of the year, and the bank said it doesn't intend to appoint a successor, reports Scottish newspaper The Herald.

--HSBC told the newspaper that its growth strategy in Scotland remains unchanged, but it has decided to split responsibilities in the country in light of U.K. ringfencing regulations.

 

Full story: https://bit.ly/2nLxmVO

 

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(END) Dow Jones Newswires

August 17, 2018 01:58 ET (05:58 GMT)

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