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Hsbc the world s local bank case study

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Climate activists shatter 19 windows at HSBC HQ in London's Canary Wharf

HSBC, which makes the bulk of its profits in Asia, said its credit losses for were likely to be below the medium-term range of basis points it forecast in February. Despite a plan to shift more business to Asia, Chief Executive Noel Quinn said the lender had no immediate plans to move its headquarters from Britain to the region. London is still "a good place for the head office of an international bank," Quinn told reporters. HSBC shares rose 1. HSBC's improved outlook and profits paled in comparison to U.
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