HSBC Is On Course for £300 Billion Valuation, Top Executive Says

Weeks after its market value rose above £200 billion ($268 billion) for the first time in its history, HSBC Holdings Plc is now on course for a capitalization in excess of £300 billion, according to the head of the lender’s corporate and investment banking arm.

Despite a backdrop of brewing geopolitical crises, Michael Roberts said in an interview that Europe’s largest bank would likely get even bigger and held out the prospect of a more than 50% advance in the company’s shares, which are currently trading around all-time highs.