global financial institutions

In a move that underscores the growing importance of Asia and emerging markets for global financial institutions, the British bank HSBC said Friday that its chief executive would relocate to Hong Kong next year.

Asian leaders gathering at next week's economic summit in Pittsburgh will be demanding a greater voice in the way global financial institutions make crucial decisions.

Likewise, the world's established powers will have some demands of their own for the rising Asian nations.

Asian leaders at this week's economic summit will demand a greater voice in the way global financial institutions make crucial decisions.

Likewise, the world's established powers will have some demands of their own.