By Jerome Taylor HSBC on Tuesday vowed to accelerate its Asia pivot despite spiralling tensions between China and the West after it reported a 30 percent plunge in profits for 2020 caused by the coronavirus pandemic.  Reported profit after tax came in at US$6.1 billion, which the bank blamed primarily on higher-than-expected credit losses and … Continue reading HSBC ramps up pivot to Asia as pandemic sees profits plunge 30%