HSBC's Growth In Asia, Cost Controls In Focus Ahead of Earnings

The video discusses HSBC's strategic focus on increasing revenue by investing in Asia, particularly China, under the leadership of new CEO John Flint. The bank is investing $17 billion in the Pearl River Delta area. Rising interest rates in Hong Kong are expected to affect net interest margins. The video also covers the challenges of managing costs and achieving profitability, with a focus on achieving positive jaws, where revenue growth outpaces cost growth. The impact of trade tariffs on HSBC's trade finance arm is also discussed, with an emphasis on how the new management plans to navigate these challenges.

What does the term 'positive jaws' mean in the context of HSBC's financial strategy?

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Discuss the potential impact of the trade war on HSBC's trade finance operations.

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