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LONDON, April 14 (Reuters) - HSBC's (HSBA.L), opens new tab planned sale of its French retail banking business to Cerberus-backed My Money Group could fail due to interest rate hikes in France ...
HSBC Holdings Plc said rising interest rates have put a deal to sell its French retail banking business into question, a potential blow to its plans to streamline its global operations. The UK ...
HSBC is set to cut 348 jobs in France as part of its cost-saving plan, under which it aims to streamline operations and ...
HSBC Holdings Plc has tweaked the terms of a deal to sell its French retail banking business to Cerberus’s My Money Bank, which had cooled on the takeover that was proposed two years earlier due ...
the indirect subsidiary of HSBC Holdings HSBC, has signed a Memorandum of Understanding (MOU) for the potential sale of its French life insurance arm, HSBC Assurances Vie (France), to Matmut ...
HSBC’s exit from the French retail market has been thrown into doubt after Cerberus Capital said it will need to stump up more cash to fund the transaction as a result of rising interest rates.
A former HSBC employee, Hervé Falciani, gave the data to French tax authorities in 2008. France shared it with other governments French judges have ordered HSBC Holdings to post a one-billion ...
Until January of this year, CCF existed as HSBC France, a wing of the British lender HSBC. The Cerebus-backed My Money Group then acquired the French subsidiary, rebranding it as CCF. My Money Group ...
(Bloomberg) — HSBC Holdings Plc said rising interest rates have put a deal to sell its French retail banking business into question, a potential blow to its plans to streamline its global operations.
a wing of the British lender HSBC. The Cerebus-backed My Money Group then acquired the French subsidiary, rebranding it as CCF. My Money Group did not create the brand from scratch, but rather ...