HSBC (HBC -0.9%) CEO Stuart Gulliver plans to announce a strategic revamp next week. The bank...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

HSBC (HBC -0.9%) CEO Stuart Gulliver plans to announce a strategic revamp next week. The bank needs to tackle inefficiencies at its U.K. retail ops and make decisions about its U.S. presence, where the poorly timed acquisition of Household International brought massive losses. (earlier)