Hong Kong/SINGAPORE: HSBC's bosses will meet retail investors on Tuesday in Hong Kong, the biggest market for Europe's largest lender, seeking to convince them their strategy to operate as a global bank is vital to boosting growth.
The London-headquartered group is under pressure from its largest shareholder, Ping An Insurance Group Co of China Ltd , to explore options including spinning off its mainstay Asia business to increase shareholder returns.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!