CLEAN: HSBC to hire 15,000 in emerging markets

The transcript discusses job growth in emerging markets, focusing on creating 15,000 jobs over three years across 28 countries. It highlights resource reallocation and job redeployment, with consultants studying potential impacts. The strategy for managing loan growth in Asia is outlined, emphasizing international connectivity. The transcript also covers financial targets, regulatory impacts, and market simulations, concluding with an introduction to a press conference.

Which regions are primarily targeted for job creation in the discussed strategy?

• Africa and the Middle East

• Australia and New Zealand

• Europe and North America

• Brazil, Argentina, Mexico, and Asia Pacific

What is the main reason for hiring consultants according to the transcript?

• To manage loan growth

• To study the implications of resource reallocation

• To increase the number of jobs

• To expand into new markets

What is the expected overall loan growth for 2011?

• Declining

• Stagnant

• Healthy

• Uncertain

Which country has the highest growth percentage mentioned in the financial targets?

• China

• India

• Singapore

• Indonesia

What is the target growth corridor set for the firm?

• 12% to 15%

• 5% to 10%

• 15% to 20%

• 10% to 12%