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HSBC Plans Focus on Asia and Middle East Following European and US Exits
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HSBC Plans Focus on Asia and Middle East Following European and US Exits

HSBC Holdings Plc is set to intensify its investment banking efforts in Asia and the Middle East, following its recent withdrawal from significant operations in Europe and the United States, as stated by Chief Executive Officer Georges Elhedery. This restructuring initiative is projected to yield $1.5 billion in efficiency savings, allowing HSBC to invest in...