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HSBC (External change (US-China tradework (China (Asia market originally:…

- - - - Original market strategy: listed in HK and London to have market at both eastern and western countries
        
        New market strategy: Stop spending money on western markets and concentrate on Asia
        
        cut 10,000 jobs
  - - - Asia market originally: navigating uncertainty
        
        Strategy originally: listed in HK and London to have market at both eastern and western countries
        
        New strategy: raised concerns about the impact on the economy
        
        Outcome: profit before tax in Asia rose 4% to $4.7bn in the period, acting good
        
        New strategy: reputation of the Asian financial hub
        
        New Strategy: Stop spending money on western markets and concentrate on Asia
- - - - Step down of John Flint
        
        Noel Quinn became interim chief executive
  - - - "scope" for potential cuts
        
        New strategy: planning up to 10,000 job cuts