While the global financial crisis has been nothing less than traumatic for all banks, HSBC has emerged from the turmoil in relatively better shape.
A disaster of the scale of the blow-up HSBC saw in its US consumer finance business would have been enough to bring down many banks. But it has more than just survived – thanks to a solid capital base and an international spread of business, with a large chunk of it in Asia.
Its resilience has been rewarded with a robust share price that has more than doubled since market lows in March, outperforming global peers by 7 per cent.
您已閱讀14%(577字),剩余86%(3460字)包含更多重要信息,訂閱以繼續(xù)探索完整內(nèi)容,并享受更多專屬服務(wù)。