• 11/10/2024

HSBC puts global footprint under fresh scrutiny, considers dozen exits

Reuters

In his first interview since taking the role, Chief Financial Officer Georges Elhedery exclusively told Reuters that HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion.     

The post HSBC puts global footprint under fresh scrutiny, considers dozen exits appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/hsbc-puts-global-footprint-under-fresh-scrutiny-considers-dozen-exits/