The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.
HSBC shares dip 0.25% premarket as it prepares to unveil $1.5 billion in cost savings and details of CEO-led restructuring on February 19.
Citing two people familiar with the matter, the FT reported that the savings will largely come from HSBC's decision to ...
HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...
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