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HSBC May Unlock $26.5 Billion in Asia Spin-Off, Report Says

“It is sensible to engage in a deeper conversation about whether a more radical restructuring is necessary for HSBC to not only survive but thrive over the longer run,” said Asheefa Sarangi, managing director and founder of In Toto. “If HSBC leadership does not fully commit to successful execution, any such transaction would be doomed before it started.”

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