Is Europe’s biggest bank too big to manage? Or have its management and board simply not been up to the job? Politicians and pundits are pressing the issue. HSBC’s senior executives are ducking the question. Yes, they acknowledge, mistakes were made, controls were lax, practices were inappropriate and the organisation’s structure was flawed. But it was not their fault and they are working hard to put things right.
欧洲最大的银行已经庞大到无法管理了吗？抑或该行管理层和董事会根本没能力胜任这一工作？政客和评论人士抓住这个问题不放，汇丰(HSBC)的高管们则在回避这个问题。没错，他们承认，该行犯过错，控制机制不严，操作实践不合适，组织结构存在缺陷。但这并非他们的过错，而且他们正努力纠正错误。
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