Banks in Europe have to become more efficient, says HSBC chairman
November 23, 2020
Finance

Banks in Europe have to become more efficient, says HSBC chairman

FRANKFURT (GERMANY) – Mark Tucker, chairman of HSBC, exhorted European banks to become more efficient, saying that the effort enhanced the possibility of mergers and closure of branches.

While addressing a banking conference, Tucker said it was “imperative we take the hard decisions now to adapt” business models.

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