HSBC say Jaguar sponsorship has served its purpose


LONDON: Jaguar sponsor HSBC said on Friday they was unhappy with the Formula One team's performance and the deal had probably served its purpose in building the global bank's brand. 

“I share your disappointment with the performance of the team, as I relay regularly to Ford and Jaguar,” HSBC Chairman Sir John Bond told a shareholder at the bank's annual meeting.  

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