HSBC re-brands asset management arm

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HSBC is re-branding its asset management arm next month. The group will now be known as...

HSBC is re-branding its asset management arm next month. The group will now be known as HSBC Global Asset Management rather than HSBC Group Investment Businesses. Chief executive Mark McCombe said: “We are changing our name because it better reflects the breadth, strength and expertise of our business. It also highlights one of our key competitive advantages, our global footprint, which complements our deep roots in local markets."

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