Fintech Insider Podcast by 11:FS cover image

804. News: Exits for HSBC, Chip reaches profitability and is Klarna taking on Shopify?

Fintech Insider Podcast by 11:FS

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HSBC's Refocus on Asia

This chapter discusses HSBC's strategic decision to sell its retail and wealth business in Mauritius and focus on the Asian market. The hosts explore the challenges faced by global organizations in managing different back-end systems across multiple countries and the potential of targeting the Asian market more prominently. They also analyze the advantages and value of being big in the market and the shift towards a more localized approach in fintech.

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