HSBC Holdings PLC, Europe’s largest bank, is considering launching Islamic financial services in Australia to tap into one of the Pacific nation’s fastest growing demographic groups, the lender’s country chief executive said.
“We are a major player in Islamic finance globally and that’s an area that we are keeping an eye on,” said Paulo Maia, chief executive officer of HSBC Bank Australia in an interview Monday. “It could be the next one.”………………………………………Full Article: Source