The stomach-churning market performance and the impact of China’s pandemic control measures combined to batter the 1H22 results of many Asia-focused PBs. Below is a rundown of the causes for the dismal 1H22 earnings at key players in the region: Universal banks feel impact of pandemic measures in China and Hong Kong For HSBC, global revenue at Wealth and Personal…
What’s behind disappointing 1H22 earnings for PBs in Asia?
By Carly Lau, senior reporter | 9 August 2022
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