Comment & Analysis
HSBC looks to mergers to expand footprint, serve wealthy customers in Asia, bank chief says
HSBC said it may buy financial businesses and shed unprofitable units around Asia to expand its footprint for serving wealthy customers, as Hong Kong’s largest bank looks to fine-tune its growth strategy to deliver the best returns for shareholders. “While organic growth will continue to be a core expansion strategy…
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Click here to read the full story: South China Morning Post