Ho leaves HKEx, Grede and Reisch may follow

Jimmy Ho, HKEx's head of corporate strategy, left the exchange last week while rumours continued to circulate about the imminent departure of coo Frederick Grede and head of clearing Walter Reisch.

Grede and Reisch are reportedly to lose their jobs under cost cutting plans introduced by the exchange's new ceo Paul Chow.

Deputy head of clearing Bryan Chan will also depart while Grede, who oversees the futures exchange, will not be replaced due to...