Hi All, I bought HSBC and plan on holding it long-term. I have heard news that there are calls to break the bank up since it is viewed by some to be "too big to manage." I realize they may not even break it up down the road, but if this happened, what would that do to the shares I own in HSBC? Thanks!
I have never heard of a bank being broken up like a utility. A bank is all about aggregating assets. It can never be too big. As for the management part, a reorganization is probably in order. Couldn't guess the timing of that. But, a desired management change can be a nice temporary boost.