HSBC‘s (LSE: HSBA) recent strategy update contained plenty for long term investors to dig into, including job cuts, a scaling back of the investment bank, and a promise of higher dividends. But the most interesting tidbit from a UK perspective was talk of a return of a venerable brand name to the High Street.
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Goodbye HSBC Holdings plc, Hello Midland Bank?
VIDEO: One Fool puts HSBC Holdings plc (LON:HSBA) under the spotlight.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
