Hong Kong has new deputy

The Hong Kong Monetary Authority is set for a reshuffle after William Ryback, the deputy chief executive with responsibility for banking stability, said he would step down at the end of August.

YK Choi, the deputy chief executive with responsibility for monetary management, financial infrastructure, reserves management, strategy and risk, will take over from Ryback.

Eddie Yue, executive director in charge of monetary management and financial infrastructure, will succeed Choi.

Although he will

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