HSBC Holdings (HSBC) is considering a merger between its Commercial Banking and Global Banking and Markets divisions as part of its new CEO Georges Elhedery’s efforts to reduce costs and improve operational efficiency. This news was first reported by Bloomberg.By integrating these two major divisions, HSBC aims to streamline operations, eliminate redundant roles and create a more focused approach to serving clients of all sizes.HSBC’s Strategic Move to Reduce OverlapThe step would bring together HSBC’s Comm ...