HSBC’s restructuring: is it enough though?

HSBC_PA_575x375_20Feb2020
By David Rothnie
20 Feb 2020

HSBC’s corporate finance staff have survived its restructuring largely unscathed, but the more ambitious among them will see the bank’s plans as a missed opportunity, writes David Rothnie. And with no answer yet on the identity of the next full-time CEO, the uncertainty is not over.

Noel Quinn’s claim to have delivered “one of the deepest restructuring and simplification programmes in the bank’s history” is a bold claim — and one that fell largely on deaf ears within the firm’s global banking division.

On Tuesday, HSBC’s interim CEO told analysts that the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.