LONDON -- U.K.-based financial services company HSBC Holdings is forging ahead with a restructuring plan that will downsize its investment banking business in Europe and the Americas and accelerate a shift to Asia, Nikkei has learned.
Finance
HSBC shifts investment banking to Asia, pulls back in West
Financial giant to focus on strengths, avoid all-out battle with U.S. rivals
HSBC's restructuring will see the company focus on its Asian businesses, which remain a growth driver. © Reuters
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