HSBC CEO: London Will Remain Global Financial Center

The video discusses the decision to remain in London instead of moving to Hong Kong, emphasizing London's status as a global financial center despite Brexit. It explores the impact of Brexit on financial services, market movements, and revenue shifts. The discussion extends to global banking changes, capital and leverage rules, and the cost of equity in banking models, highlighting the challenges and opportunities in the financial industry.

What challenges do investors face regarding the cost of equity in the banking industry?

What factors contribute to the uncertainty around the quantum of capital needed in the banking sector?