`Turnaround Year' Expected for HSBC

`Turnaround Year' Expected for HSBC Play

March 5 (Bloomberg) -- Jim Antos, a Hong Kong-based analyst at Mizuho Securities Asia Ltd., talks about the financial results and business outlook for HSBC Holdings Plc and Standard Chartered Plc. HSBC posted a decline in full-year profit after paying a record penalty for compliance failures and said costs rose for a third year, missing its target. Antos speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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