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HSBC appoints new China chief executive

FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York

HONG KONG (Reuters) - HSBC <HSBA.L> <0005.HK> has appointed a new chief executive for its China business, a major focus for the bank, the latest in a series of senior management changes at the lender.

Mark Wang, currently head of HSBC's China investment banking business will become China CEO, the bank said in a statement on Wednesday.

Current China CEO David Liao will move to another senior position in the group, the bank said.



(Reporting by Alun John, editing by Louise Heavens)