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(BOBBY YIP/REUTERS)

Financial Times

HSBC shoring up the foundations

Lex is a premium daily commentary service from the Financial Times. It helps readers make better investment decisions by highlighting key emerging risks and opportunities.

HSBC has emblazoned the front of its latest annual report with a photo of a Boeing 747 being loaded with cargo. The intention is to stress its links with global trade, but is there also meant to be a subliminal message about this being a bank that is ready for takeoff?