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HSBC Investment Bank Plots Other Path to Wall Street

  • Greg Guyett says unit is getting more capital efficient
  • Banker targets leading role in global debt financing

It’s boom time on Wall Street, but HSBC Holdings Plc is wary of joining the party. 

The London-listed lender has kept its distance from blank check listings and barely dipped a toe into digital assets, as the lender focuses growth efforts on areas such as wealth management even as securities units at rivals like Barclays Plc enjoy record revenues.