HSBC has identified US$1.7 billion of extra costs that can be stripped out next year, chief executive Noel Quinn said on Thursday (Dec 1), as the bank battles to improve returns amid calls for it to be broken up by its biggest shareholder.
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India’s largest bank plans to raise 250 billion rupees in share sale
The fundraising plan comes as local bank shares are trading at record highs, with the sector seen as relatively shielded from tariff-related...
