HSBC has named a series of new senior leaders of its businesses in Europe, the US and the Middle East as the UK lender looks set to refocus its growth strategy on Asia.

The bank unveiled a series of new appointments at the top of its regional businesses and named Nuno Matos, head of its European business, as chief executive of wealth and personal banking. The change of role for Matos essentially frees him from his European management responsibility at a time when the bank is reported to be considering moving key executives to Asia.