The update marks a definitive pivot in HSBC's post-2008 crisis strategy, from cost-cutting and restructuring to investment and expansion as it seeks to improve returns

HSBC to invest $15-17 billion by 2020 as strategy pivots to growth

China has for years faced foreign complaints about restricted access to its markets, but has recently made a series of liberalisation pledges partly to expand its global market influence

In liberalisation step, China opens up $10 trillion bond market

The banking giant also said offshore accounts of four Indians and their families were being probed by Indian tax authorities

HSBC reveals it is being probed for helping clients dodge taxes

HSBC's profit before tax for 2016 fell to $7.1 billion from $18.87 billion in the previous year

HSBC sees 62% decline in pre-tax profit for 2016

EU fined HSBC, JP Morgan and Credit Agricole a total of 485 million euros for manipulating the Euribor interest rate

EU fines three major banks over interest rate rigging

The Hollywood actor took two journalists to court for alleging he held a secret Swiss bank account

John Malkovich a 'man of integrity', French court told lawyer in defamation case

But this is just the beginning and the banking major 8000 jobs all over Britain

HSBC axes 840 IT jobs in Britain in first wave of planned cuts

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