HSBC's Yip seconded to BOCOM

Second official seconded to China''s fifth-biggest lender.

Following its purchase of a 20% strategic stake in Bank of Communications last August, HSBC has seconded a second official to work at the bank. It will be sending Dicky Yip, currently the CEO of its China business to Bocom Shanghai where he will be a vice president.

His move follows an announcement last November that HSBC's Ron Logan would become CEO of the two banks' jointly-operated credit card unit known as Pacific Credit Card...

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