• 11/26/2024

HSBC looks to mergers to expand footprint, serve wealthy customers in Asia, bank chief says

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The focus on shareholder returns partly reflects HSBC’s new strategy to deflect last year’s break-up call by its largest stakeholder Ping An Group.

https://www.scmp.com/business/article/3244899/hsbc-may-buy-assets-sell-unprofitable-units-expand-its-footprint-and-sharpen-its-focus-serving?utm_source=rss_feed