HSBC CFO: This Is the Right Plan for the Bank

The transcript discusses HSBC's strategic restructuring, focusing on cost cuts, digitalization, and reallocating resources to Asia. It addresses the impact of coronavirus on business operations and outlines contingency plans. The discussion includes job cuts, share buyback suspension, and the strategic direction under interim leadership. The bank aims to balance risk and investment, particularly in Asia, while simplifying its organizational structure.

How does HSBC plan to manage its capital during the restructuring period?

What actions is HSBC taking to address underperforming businesses in the US and Europe?

What are the key areas where HSBC plans to invest in the next three years?

What is HSBC's strategy regarding its branch network in the US?