HSBC's Flint Zeroes in on Cost Cuts After Profit Beat

  • CEO Flint says ‘proactively’ managing costs and investment
  • CFO says cost increases were driven by investment in digital
HSBC CFO Stevenson speaks about the bank’s financial results and its business outlook. (Source: Bloomberg)
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HSBC Holdings Plc Chief Executive Officer John Flint is pressing ahead with a plan to rein in costs after the Asia-focused lender reported its best quarter in more than three years.