Wednesday 25 April 2012

Regional powerhouse with a global outlook - The National

As the chief executive of the Middle East and North African operations of HSBC, Simon Cooper is one of the biggest players in the regional banking business. He speaks of his vision for the region.

HSBC has been noticeably active in the recent spate of M&A [mergers and acquisitions] activity in the region. Why?

In May last year, we announced to investors that we were reviewing our businesses globally as it didn't necessarily make sense - for us or our investors - for HSBC to be everywhere.

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