Strategy Execution
- Transformation to achieve highest global standards of financial crime compliance now largely complete, protecting the business and customers for the long-term.
- De-risking actions reduced first half profitability in addition to the ongoing impact of negative interest rates.
- HSBC Malta has commenced transition to a new phase focused on growth and value creation. Bank is targeting to grow revenue faster than costs and increase return on equity over time.
- Commercial Banking new business pipeline has significant momentum and capacity for revenue development within existing risk appetite.
- Retail Banking and Wealth Management business …