The Lion Wakes – A Modern History of HSBC (Richard Roberts & David Kynaston)
ISBN: 978-1-78125-055-6 Verdict: 👍👍 👍 👍 The story of the Hongkong Shanghai Banking Corporation (HSBC) is a truly remarkable one in which the transformation from a small bank located in a small fishing village, on the Hong Kong waterfront 155 years ago, to that of one of the largest financial global businesses and hence worthy of a understanding in terms of development , ethos and culture – This book covers some of the years from 1970 to 2014ish. The book charts the history and key decisions surrounding some major global events in history e.g. the transfer of the island of Hong Kongs sovereignty back to China when the lease expired and the subsequent decisions made to ensure the associated risks were mitigated from political and economic forces. The 622 pages of banking history is not for everyone and mapped to major economic events which makes it an interesting read and my highlighter 📝 was fully used ! – There are several pearls of economic wisdom and highlights of