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HSBC Announces Over 100% Increase in Net Profit for First Half and $2 Billion Share Buyback

HSBC Announces Over 100% Increase in Net Profit for First Half and $2 Billion Share Buyback
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HSBC relocates London bosses to Hong Kong in Asia push | Money


Thursday, 15 Apr 2021 09:25 PM MYT
A Swiss International aircraft flies past the HSBC headquarters building in the Canary Wharf financial district in east London February 15, 2015. Reuters pic
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LONDON, April 15 London-headquartered HSBC bank is relocating four senior executives to Hong Kong as it seeks to extend its business reach across its main market Asia.
In staff memo seen by AFP today, HSBC’s fleshed out a strategy unveiled in February that aims to redouble efforts to seize more of the Asian market.
HSBC makes 90 per cent of its profit in Asia, with China and Hong Kong the major drivers of growth. ....

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