Printer Friendly

BANK CHIEF VOW TO CUSTOMERS; CITYDESK For live business news visit.

HSBC's new boss has pledged to improve the bank's customer service.

John Flint also targeted boosting business customers and their mortgage market share. The bank pledged to turn their US arm around, invest more in technology and "simplify the organisation."

PROMISE Chief Flint " Flint stopped short of ruling out job cuts. He said: "The reality is that technology is transforming our industry in quite unusual and rapid ways. We have to be alert to that."

A big part of HSBC's push will be in Asia, and particularly China, where they are already major players. Flint said: "It is time for HSBC to get back into growth mode."

But investors were unimpressed as HSBC's share price was broadly flat.


PROMISE Chief Flint

COPYRIGHT 2018 Scottish Daily Record & Sunday
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Daily Record (Glasgow, Scotland)
Date:Jun 12, 2018
Previous Article:Texts.
Next Article:New tech blow to recruitment; CITYDESK For live business news visit Automation causes slump in hirings.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters