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HSBC shrinks to fit

Apr 10 2012  HSBC is negotiating the sale of its retail and wealth management unit in South Korea, the latest move in its efforts to steamline the business. The Lex team's Vincent Boland and Richard Stovin-Bradford discuss if the culling strategy of Stuart Gulliver, chief executive, will boost return on equity.  (3m 13sec)
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Produced by Josh de la Mare
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