HSBC chair says European banks must become more efficient
Reuters
Published Nov 20, 2020 03:50AM ET
FRANKFURT (Reuters) - The chairman of HSBC (L:HSBA), Mark Tucker, called on European banks to become more efficient, noting the effort raised the possibility of mergers and branch closures.
Tucker, speaking at a banking conference, said it was "imperative we take the hard decisions now to adapt" business models.
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Written By: Reuters
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