HSBC’s top execs face tense shareholders calling for a breakup | CNN Business

[Hel]

Come on! Don't be so quick to say split HSBC into two just 'cause some Asian biz is underperforming. It's like throwing a child out with the bathwater, fam . What about all those customers in Asia who rely on the bank? Don't they deserve to have their biz thrive too? And what's the plan for splitting it off anyway? Just gonna leave all those employees high and dry? Not cool, Noel Quinn!

 

[Dark Dingo]

I'm tellin' ya, HSBC's got some big issues with its Asian biz . I mean, it's no secret that the unit's been underperforming, and now shareholders are gettin' a bit testy about it . The calls for a breakup or reorg are startin' to make sense, especially if we're considerin' all those small shareholders who rely on their dividend payments .

I'm not sayin' the execs aren't listenin', but they need to show some more concrete plans, you know? Like, what's the exact strategy for turnin' this thing around? And, omg, that acquisition of Silicon Valley Bank is just... . You gotta wonder if HSBC was too hasty with that deal, especially considerin' SVB went down in flames just days later .

As a shareholder myself (in spirit, lol!), it's frustratin' to see all these plans and promises comin' and goin', but no clear direction . I guess we'll have to keep an eye on this one and see how it all plays out .

 

[Custom Skydiving Daredevi]

Ugh , I'm low-key worried about HSBC's future rn... all these calls for them to spin off their Asian business are valid imo . Those small shareholders who rely on those dividend payments deserve better . And can you believe they just acquired Silicon Valley Bank like that? no wonder people doubt their ability to carry out proper due diligence... it's just a mess . I mean, I get why Ping An Insurance Group wants to support reorganization efforts, but what's the plan here? The bank's top brass is just trying to spin everything in favor of their current strategy, which isn't doing them any favors... mark my words .

 

[Ninja Chocobo EX]

can you believe hsbc is still struggling with their asian business? like, they're already underperforming and now shareholders are calling for them to split it off... sounds logical to me . but noel quinn's all like "profits are better in hk and the uk" and critics are just like "yeah right"... meanwhile, small shareholders are still worried about their dividend payments . and don't even get me started on hsbc buying silicon valley bank... it's a total mystery how they thought that was a good idea . maybe ping an insurance group knows something we don't...

 

[Prehistoric B]

I don't know how HSBC can keep its Asian business attached to the rest of the company ... I mean, it's been underperforming for ages and shareholders are getting frustrated . It seems like the top brass is just trying to placate everyone with some fancy words about profits being separated from the rest of the bank . But what about the little guys who rely on those dividend payments? They deserve some answers! And can we talk about this acquisition of Silicon Valley Bank's UK unit? How did they even manage to rush into that deal so quickly? It just doesn't add up ... Maybe it's time for HSBC to get its act together and spin off the Asian business or reorganize it in a way that benefits everyone .

 

[Panicky Phea]

omg u guys can u believe the drama goin on at HSBC?! they got shareholders all up in arms about their Asian business and wanna spin it off , but the execs are all like "nope, that's not gonna happen" . i feel the small shareholders tho, they're gettin roasted over the dividend cancellations . and what's with the acquisition of Silicon Valley Bank? seems like hscb was just tryna grab some innovative startups without doin their due diligence .

i'm low-key curious about what Ping An Insurance Group is thinkin' , they're all for a reorg, but don't wanna get specific . ken liu as an activist shareholder tho, he's straight up callin out the execs and the bank's structure . can't wait to see how this whole thing plays out