HSBC’s UK plan intact despite global equities review

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By David Rothnie
17 Oct 2019

HSBC’s plan to develop its UK equities and corporate broking business remains intact, despite its decision to review its global equities business.

The bank is reviewing is global equities sales, trading and research business as part of a move to cut costs under Noel Quinn, who became HSBC’s interim chief executive following the ousting of John Flint in July.

The bank is likely to scale back its equities ...

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