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HSBC Intends to Expand IB Operations in Middle East & Asia Amid Revamp
HSBCHSBC HOLDINGS(HSBC) ZACKS·2025-03-26 23:05

HSBC Holdings PLC (HSBC) plans to boost its investment banking (IB) operations in Asia and the Middle East following its exit from key businesses in Europe and the United States. This was stated by Georges Elhedery, CEO of HSBC, in an interview with Bloomberg.Details of HSBC’s InitiativeThe bank will primarily focus on debt and other financing activities globally, as well as mergers and acquisitions and equity capital markets in Asia and the Middle East. HSBC aims to invest in areas where it holds a stronge ...