HSBC’s Roberts Says Bank’s Future Is in Asia, Middle East

(Bloomberg) -- The future of HSBC Holdings Plc is in Asia and the Middle East because of the amount of wealth and the capital flows between the two regions, according to the top executive who heads the British lender’s corporate and institutional banking. “You have had two regions that have had an enormous amount of capital,” Michael Roberts told Bloomberg Television in an interview on Monday, adding that’s a significant and permanent trend. “The interesting thing is the amount of money in the Middle East ...