HSBC chairman meets investors amid Ping An calls, Bloomberg reports

HSBC Chairman Mark Tucker held talks in recent weeks with key shareholders as the bank pushes back against repeated calls from its biggest investor Ping An to undergo a restructuring, Bloomberg’s Ambereen Choudhury and Harry Wilson report. According to a person familiar with the matter, Norway’s sovereign wealth fund and other investors have pledged to back HSBC at Friday’s annual general meeting, while another shareholder has concerns about how any split of HSBC would affect operations such as U.S. dollar clearing and its currencies business. Reference Link