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HSBC Chairman Gives Hints of Looming Strategy Revamp

  • Tucker says ‘world has changed’ since last year’s overhaul
  • Bank expected to update strategy alongside earnings next month
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Watch: HSBC Holdings Plc plans to accelerate its expansion across Asia in its imminent strategy refresh, according to Chairman Mark Tucker. (Source: Bloomberg)

HSBC Holdings Plc plans to accelerate its expansion across Asia in its imminent strategy refresh, according to Chairman Mark Tucker.

Tucker said “the world had changed” in the 11 months since Europe’s biggest bank announced a long-awaited overhaul, forcing the lender to make its plans more radical.