Analysts: HSBC break-up could benefit shareholders

HSBC Canary Wharf

HSBC prides itself on its global reach. But the bank may have spread itself too thin.

Shareholders might be better served if the bank broke itself up, allowing the faster growing Asian business to go it alone, say analysts.

The Daily Telegraph reports that the big question swirling around HSBC at the moment is whether the bank will up sticks and move its headquarters back from London to Hong Kong. Investors might get a better idea of the management team’s thinking on this when the banking giant announces a major review of its strategy on June 9.

But analysts from UBS think the bank should go further than just moving offices and instead consider de-merging the entire Asia-Pacific banking operation.

To access the complete Daily Telegraph article hit the link below:

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