Bulk of HSBC’s Growth Opportunity Is in Asia: CFO

The transcript discusses HSBC's strong performance amid the pandemic, driven by profits in Asia and successful vaccine programs. The bank is focusing on restructuring its operations in Europe and the US while expanding in Asia, particularly in China. Internal support for this strategic shift is strong, with plans to relocate some executives to Hong Kong. HSBC is also addressing risk management and employee well-being, especially in light of recent events. Post-pandemic, the bank aims to adopt a hybrid working model, reduce office space, and enhance sustainability.

What are the expected outcomes of the company's restructuring efforts in Europe and the US?

What are the implications of the recent market developments on the company's risk management?

In what ways is the company adapting its business model to the current economic environment?

What role does the company's pivot to Asia play in its overall strategy?