HONG KONG (Reuters) - HSBC Holdings Plc
HSBC <0005.HK> Chief Executive Stuart Gulliver was speaking during a shareholders' meeting in Hong Kong.
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The lender said earlier this month that it intended to cut back on its retail banking business and may sell its U.S. credit card arm in a move that could cut $3.5 billion in costs and revive flagging profitability.
(Reporting by Kelvin Soh; Editing by Chris Lewis)