HONG KONG -- HSBC Holdings is expected on Tuesday to unveil a renewed effort to push further into Asia and to relocate some top executives to Hong Kong as the bank accelerates its largest overhaul in decades to address years of underperformance.
With the U.K.-based bank's business recovering in the fourth quarter, CEO Noel Quinn is hastening a plan unveiled a year ago that called for cutting 35,000 jobs, about 15% of its total, over three years.
