HSBC's exit from Russia has been on the cards since February, when Russian President Vladimir Putin gave approval for the asset sale to privately ... ownership of the business to the Russian ...

The sale is expected to lead to a $1 billion ... group is coming good on its plans to streamline.” Meanwhile, HSBC’s China business is also hurting its earnings. The bank reported a big ...

Meanwhile, HSBC is pivoting its business toward the Asia region ... As a result of the sale, C will transfer assets under management and deposits worth approximately $3.6 billion (as of August ...

HSBC Holdings (HSBA.L), opens new tab is currently exploring a sale of its South Africa businesses, Bloomberg News reported on Tuesday, as the once globe-spanning company continues to move its ...

The business, unlike some others HSBC has tried to dispose of in recent ... but one option would be a sale of the lender's 100% stake in HSBC Bank Canada. The disposal would represent the latest ...

Its retail and business banking units in Mauritius were acquired by Absa Group last month. News of a potential sale points to the continuation of HSBC’s strategy to gradually reduce its global ...

The sale means UK startups ... of portfolio company money frozen in the bank over the weekend. Stephen Chandler, the founding partner, said HSBC's acquisition meant the UK tech sector could ...

HSBC is considering selling its Canada business, one of the biggest international ... and no final decision has been taken but one option would be a sale of the lender's 100% stake in HSBC Bank ...

HSBC is considering the sale of its Canadian business as part of a strategic review, a deal that could fetch upward of $10-billion as the British-based bank comes under pressure from its largest ...