Comment & Analysis
Departing HSBC chairman says 152-year-old bank needs to brace for wave of technological change
HSBC’s outgoing chairman Douglas Flint believes adapting to new technology will be among the major challenges ahead for the bank, noting that increased competition from new online lenders and the emergence of big data will force a structural change in the institution’s business model in the next five years. He…
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Click here to read the full story: South China Morning Post