"All but one (HSBC!) of the global investment banks in China finally managed to eke out a profit last year

"All but one (HSBC!) of the global investment banks in China finally managed to eke out a profit last year after Beijing allowed them to take full control of their operations and expand their influence in the country’s colossal financial sector."
ft.com/content/daa35e… https://t.co/f7hLACCWql

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