The bank — which is still headquartered in London even though it makes most of its money in Asia — told investors on Tuesday that it is planning to “step up” its investments in the region by about $6 billion. It’s also shifting more resources there, including relocating some key personnel.
HSBC (HSBC) has outlined greater China, southeast Asia, and India as the “key drivers” of its future growth. It specifically wants to build up its presence in mainland China, defend its leading position in Hong Kong and establish Singapore as a wealth management hub. It’s a plan that focuses
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