HSBC Reports Wider Fourth-Quarter Losses

The video discusses HSBC's financial performance, highlighting positive metrics like share buybacks, adjusted JAWS, and CT ratio. However, challenges such as lower-than-expected buybacks and increased losses are noted. HSBC's cost-saving efforts and ambitious 2017 targets are also covered. The impact of Brexit and economic concerns, including potential job relocations, are discussed, emphasizing HSBC's strategic responses.

What were HSBC's targets for cost savings in 2017?

What potential impact did Brexit have on HSBC's operations?