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

May 06, 2011 7:52 AM ETHSBC Holdings plc (HSBC) StockHSBCBy: Yigal Grayeff, SA News Editor1 Comment
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)

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