12 Nations Added To HSBC’s Exit Watchlist As The Lender Focuses More On Asia
In order to focus more intently on its expansion in Asia, HSBC is considering leaving as many as 1 in 5 of the nations in which it currently has operations, Chief Financial Officer Georges Elhedery said in an interview which is his first after joining the position. Following pressure from Chinese shareholder Ping An Insurance (601318.SS),…