HSBC to Develop Business in China, Asean

HSBC says it wants cost savings of up to $5B a year by 2017 as the bank reveals its second major strategic plan since Stuart Gulliver took over as CEO. The company is also considering a relocation of its corporate headquarters from London to Hong Kong by the end of the year. Bloomberg’s Stephen Engle reports. (Source: Bloomberg)

Infosys CEO Resigns After Criticism From Founders
10:37 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)
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