HSBC Weighs Equities Pullback in London, New York, Germany

The transcript discusses a review of a bank's operations, focusing on the leadership changes with a new interim CEO aiming for a permanent position. The CEO is bringing a fresh approach to managing the bank. The equities business is highlighted due to its exposure in a low-rate environment, similar to trends in other banks like Deutsche Bank. The need to address potentially loss-making units is emphasized.

What is the current focus of the review mentioned in the text?

Who is the interim CEO and what is his goal?

Why are equities businesses in focus across many banks currently?

What challenges do banks face in the current low rate environment?

What does the text suggest about the approach to lossmaking or low retaining businesses?