HSBC vs. SAN: Which Global Bank Deserves a Spot in Your Portfolio?
HSBC Holdings plc (HSBC) and Banco Santander S.A. (SAN) are two of Europe’s leading multinational banks, with an extensive global footprint. While HSBC is intensifying its pivot toward Asia (seeking to capitalize on the region’s faster economic growth), SAN is reinforcing its position in its core markets across Europe and the Americas, with primary focus on retail and commercial banking. The key question is: Can HSBC’s Asia-focused growth strategy outperform Santander’s Europe and Americas-centric approach? ...