Monday, April 2, 2007

HSBC investment bank fixes focus on Asia, financing

(Reuters) - HSBC executives have emphasised the shift in strategy on several occasions in recent weeks, marking the end of the bigger global plans unveiled by former investment bank co-head John Studzinski four years ago, analysts said.

"That's definitely gone, that was the old view of where they wanted to be in investment banking, which was the co-authored strategy of Gulliver and Studzinski," said David Williams, bank analyst at Morgan Stanley.


Read more at Reuters.com Bonds News

No comments: