DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »HSBC’s slimming plan may be healthy for India
Singapore / Bloomberg HSBC’s weight-loss drive in India could leave the country’s banking system feeling a little breathless. But the health benefits will eventually show up. The UK-based lender will close half its branches in the country, which last year accounted for 3.2 percent of the group’s pre-tax profit. Assuming that the bank’s strategy of serving more of its Indian ...
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