Lavish spending, lack of deals hurt HSBC’s foray into M&A
By Carrick Mollenkamp
The Wall Street Journal Europe
05 Oct 2006
JLondon UST BEFORE Christmas 2004, John Studzinski, the co-head ofHSBCHoldings PLC’snew investment bank, warned his bankers how intensely they needed to chase big deals to transform the company into a top global player. “There has to be an element of... read more...
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