We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Clutching at Pearl River

30 December 2020 By Liam Proud, Jennifer Hughes

Noel Quinn’s plan to cut costs and shift assets away from America and Europe has failed to boost the bank’s shares. In 2021 he’ll have to opt for more radical moves, like selling the U.S. retail network and spinning off HSBC’s $15 bln UK arm. A higher valuation should follow.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)