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HSBC HOLDINGS Mkt Cap Target of GBP300B+ Absolutely Within Reach, Top Executive Says
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A few weeks ago, HSBC HOLDINGS (00005.HK) was valued at over GBP200 billion for the first time ever. Michael Roberts, Executive Director and Head of Corporate and Institutional Banking at HSBC HOLDINGS, revealed in an interview with Bloomberg that the bank is progressing towards a market cap target of over GBP300 billion, and this target is absolutely within reach for the bank. In terms of profitability, Roberts added that HSBC HOLDINGS should have been valued even higher. AAStocks Financial News |
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