HSBC plans to slim down rates, derivs, equities in Europe
![HSBC_Adobe_575x375_18Feb2020](https://assets.euromoneydigital.com/dims4/default/059145c/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Ffb%2F60%2F60e6968b6fc7796a59d528f0bd32%2Fhsbc-adobe-575x375-18feb2020.jpg)
HSBC’s new strategic plan involves numerous changes to its investment banking division, including shifting resources to Asia and the Middle East, reducing the scale of many operations in the European markets business, and combining product functions with commercial banking.
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