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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
There are two ways to read last week’s announcement from new HSBC boss Georges Elhedery that the bank will restructure and embark on a “simplification journey”.
One is dramatic. The embodiment of global finance, with operations in 60 countries (second only to Citigroup), is giving up on globalisation with its decision to split itself into a cluster of “eastern…
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