After last week's flurry of rumors about the imminent departures of Fred Grede, coo of HKEx and head of clearing Wal Reisch (see FO Week Vol 8 No 21), HKEx has announced that nine senior executives and five secretaries are to be retrenched.
Grede and Reisch are not among these nine.
However, more staff are on the firing line as another ten or so senior executives and 50-60 contract and...