HSBC Holdings PLC (HSBC) remains well-positioned for growth on the back of restructuring initiatives, higher interest rates and an extensive network. However, rising costs and a tough operating backdrop are headwinds. HSBC has been consistently undertaking several measures to enhance its performance with a focus on building operations in Asia. The company aims to become a top bank for high-net-worth and ultra-high-net-worth clients in the region. Aligning with this, in June 2024, the company acquired Citigr ...