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HSBC faces calls to break up from major shareholder Ping An
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HSBC is being called upon by major shareholder Ping An to break itself up, the Financial Times reports, citing people familiar with the matter.
The Asia-focused lender would benefit from higher profitability, lower capital requirements and greater local management control and autonomy, according to Ping An.
HSBC chairman Mark Tucker rebuffed...
Read more on fnlondon.comAbout this in other media
HSBC Europe boss Lisa McGeough on the bank’s new ‘Dragons’ Den’ and why the poaching risk is waning fnlondon.com /1 year ago
HSBC Europe boss Lisa McGeough on the bank’s new ‘Dragons’ Den’ and why the poaching risk is waning fnlondon.com /1 year ago
HSBC Europe boss Lisa McGeough on the bank’s new ‘Dragon’s Den’ and why the poaching risk is waning fnlondon.com /1 year ago
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