{
Ping An Insurance (Group) Company of China Ltd.

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}
001122334455554433221100
001122334455554433221100

hsbc navigates restructuring challenges while focusing on asian market growth

HSBC's restructuring, initiated by former CEO Noel Quinn, has led to a significant reduction in costs and improved profitability, particularly in Asia. Current CEO Georges Elhedery continues this strategy, focusing on strategic investments while cutting back on underperforming divisions in Europe and North America. The bank is set to achieve its best ten-year earnings per share in 2024, reflecting a strong recovery in investor confidence, although concerns about the Chinese real estate market persist.
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United States Dollar HSBC Holdings plc Ping An Insurance (Group) Company of China Ltd. DBS Group Holdings Ltd. DEUTSCHE BANK AG CHN GRC ARG FRA MUS USA CAN GBR Georges Elhedery Noel Quinn Show more
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11:01 20.02.2025
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