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BBC

HSBC splits bank between East and West in major overhaul

BBC
Summary
Nutrition label

78% Informative

New CEO Georges Elhedery says he wants to "unleash our full potential and drive success into the future" The bank will create separate business units in the UK and Hong Kong .

The changes are set to take effect from 2025 .

The bank also announced the appointment of its first female finance chief in the bank's 159-year history.

VR Score

87

Informative language

90

Neutral language

91

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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