Tucker, speaking at a banking conference, said it was "imperative we take the hard decisions now to adapt" business models.
(Reporting by Tom Sims; Editing by Riham Alkousaa)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
705.5 GBX | +0.07% | +6.31% | +11.01% |
05-03 | HSBC Chair Says No More Divestments Planned | MT |
05-03 | HSBC Has No Plans to Sell Other Assets, Chairman Mark Tucker Reportedly Says | MT |
FRANKFURT (Reuters) - The chairman of HSBC, Mark Tucker, called on European banks to become more efficient, noting the effort raised the possibility of mergers and branch closures.
Tucker, speaking at a banking conference, said it was "imperative we take the hard decisions now to adapt" business models.
(Reporting by Tom Sims; Editing by Riham Alkousaa)
1st Jan change | Capi. | |
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+11.01% | 164B | |
+12.00% | 550B | |
+10.60% | 288B | |
+12.04% | 249B | |
+21.78% | 210B | |
+17.11% | 171B | |
+11.40% | 167B | |
+3.27% | 140B | |
-11.10% | 140B | |
+3.07% | 126B |