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HSBC reviewing a possible exit from a dozen countries

HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his first interview since taking the role. The reviews follow pressure from Chinese shareholder Ping An Insurance, which wants
United States Ping An United Kingdom Mark Tucker Georges Elhedery Noel Quinn

Exclusive-HSBC puts global footprint under fresh scrutiny, considers dozen exits

LONDON :HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his first interview since taking the role.The reviews follow pressure from Chinese shareh
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