HSBC remains committed to the reshaping of its underperforming US business, even as tensions rise between Washington and Beijing. Photo: K.Y. Cheng HSBC remains committed to the reshaping of its underperforming US business, even as tensions rise between Washington and Beijing. Photo: K.Y. Cheng
HSBC remains committed to the reshaping of its underperforming US business, even as tensions rise between Washington and Beijing. Photo: K.Y. Cheng
Business /  Banking & Finance

Does HSBC need its US business? Bank says yes, some investors call for a break-up

  • Navigating worsening US-China relations, CEO Noel Quinn says there is still a place for global international banks with large footprints
  • Some brokers in Hong Kong have called for HSBC to focus on its Asia business over other troubled markets

Topic |   Banking & Finance
Chad BrayEnoch Yiu
Chad Bray and Enoch Yiu

Updated: 10:26pm, 3 Sep, 2020

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HSBC remains committed to the reshaping of its underperforming US business, even as tensions rise between Washington and Beijing. Photo: K.Y. Cheng HSBC remains committed to the reshaping of its underperforming US business, even as tensions rise between Washington and Beijing. Photo: K.Y. Cheng
HSBC remains committed to the reshaping of its underperforming US business, even as tensions rise between Washington and Beijing. Photo: K.Y. Cheng
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