Scarff Says `Buy' StanChart, Rates HSBC `Underperform'

Alistair Scarff, the head of financial institutions equity research for Asia-Pacific excluding Japan at Bank of America Merrill Lynch in Hong Kong, talks about the business outlook for HSBC Holdings Plc (HSBA), Hang Seng Bank Ltd. and Standard Chartered Plc. (STAN)

Scarff speaks with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)

Running time 04:26

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