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HSBC Holdings PLC HSBC entered into a joint agreement with Grupo Financiero Galicia (“Galicia”) to sell its Argentina business. The transaction is valued at $550 million and aims to shift its ...

HSBC has agreed to sell its business in Argentina to Grupo Financiero Galicia — the largest private financial group in the country — for $550 million, the UK-based bank said Tuesday.

HSBC moved to conclude another South American misadventure today when it sold its troubled Argentinian arm for $550 million, leaving a loss of $1 billion. The sale to Grupo Financiero Galicia will ...

Banking giant HSBC is selling off its business in Argentina at a $1bn (£790m) loss after years of battling with the country's unstable exchange rate. HSBC Argentina, which has more than 100 ...

LONDON, April 9 (Reuters) - HSBC (HSBA.L), opens new tab, is selling its business in Argentina and booking a $1 billion loss on the deal, the bank said on Tuesday, as it continues to shrink its ...

HSBC (NYSE:HSBC) will sell its Argentina business for $550M to Buenos Aires-based Grupo Financiero Galicia and book a $1B pre-tax loss from the sale in Q1 2024. The deal - expected to be completed ...