Will Restoring the Dividend and Better Earnings Reduce the Pressure on Hs B C to Break Up?

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During the pandemic, regulators at the bank of england stopped h s b c from paying this. Their dividend was sore able that people counted on it as a source of income. It also affected their largest shareholder, an, which has gone on a campaign this year to try and break up hs b c. And ping an is a mainland chinese insurance company, which also counted on those dividends.

Instagram head Adam Mosseri is moving to London, HSBC has pledged to restore its dividend to pre-pandemic levels, and China is facing its first overseas debt crisis.

Mentioned in this podcast:

Instagram head Adam Mosseri to temporarily relocate to London

HSBC pledges to restore dividend to pre-pandemic levels

China reckons with its first overseas debt crisis

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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