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By Lars Mucklejohn HSBC’s new chief executive has insisted his redrawing of the bank’s operations between East and West are not a precursor to the kind of break-up demanded by one of its biggest shareholders last year. Speaking afterHSBC’s third-quarter results on Tuesday, Georges Elhedery said the main reason for his overhaul “is to make us a simpler, leaner organisation with faster decision making, stronger empowerment of our frontline people – being able to serve better our customers”. Elhedery, who took over from Noel Quinn at the start of September, has quickly made his mark at the London…

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