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Analysis-HSBC cost conundrum intensifies investor bank scrutiny

Climbing costs at HSBC have added to growing investor concerns about how big banks manage their expenses, putting executives under pressure to quickly address spending. Although banks have seen revenues balloon in the higher interest rate environment of recent years, fast-rising costs are now beginning to pinch, consultants and shareholders said. Recent results have shown lenders struggling with wage bills, regulatory costs and accelerating investment plans. ....

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