Europe's biggest bank, HSBC Holdings, is hopeful of listing its shares in Shanghai next year, becoming one of the first overseas companies to do so, its chief executive said on Monday.

Michael Geoghegan also told Reuters in an interview the global economy faced further jolts as rising unemployment takes a toll, and the world will not emerge from recession until the United States has.

(Reporting by Alexandra Hudson; Editing by Dan Lalor)

Investment HSBC