A Chinese spin-off would ring-fence HSBC’s golden goose amid tensions

Given geopolitical pressures, a split would protect HSBC’s hugely profitable Hong Kong and mainland business, while letting its global banking business proceed with fewer regulatory burdens and better financial discipline.

Source link

About Daily Multan

Check Also

Philippines’ Marcos Jnr to meet Japan’s Kishida in 5-day Tokyo trip

Two nations keen to work together but analysts say they may have slightly different priorities, …

Leave a Reply

Your email address will not be published. Required fields are marked *