News

FirstRand has secured regulatory approval to acquire HSBC South Africa's clients and banking assets, ensuring continued ...
HSBC (HSBC) has been operating in South Africa since 1995. HSBC Africa's principal activities feature commercial banking, global banking and global markets, according to its website.
FirstRand receives approval to take over HSBC's South African assets, clients, and staff • Move supports expansion of investment banking and multinational client services • HSBC’s exit from South ...
HSBC entered the South African market in 1995. Over the years, the bank's primary activities in Africa's most developed economy have included commercial banking, global banking and global markets.
HSBC has agreed to transfer the business of its branch in South Africa to FirstRand Bank (FRB). This will see the branch’s clients and banking assets and liabilities transferred to FRB. HSBC’s branch ...
The British bank HSBC Holdings Plc has entered into an agreement with the South African financial group FirstRand Ltd. on the sale of the South African corporate banking division of HSBC Africa. This ...
HSBC Holdings is in talks to sell its South African corporate banking unit to FirstRand’s Rand Merchant Bank, people with knowledge of the matter said, as the UK lender sells non-core assets. A deal ...
A deal with Rand Merchant Bank, the corporate and ... No financial details were disclosed. HSBC and FirstRand declined to comment. HSBC entered South Africa in 1995, and today serves mainly ...
HSBC Holdings is in talks to sell its South African corporate banking business to a unit of FirstRand. A deal with Rand Merchant Bank, the corporate and investment banking division of FirstRand, has ...
Sept 13 (Reuters) - HSBC Holdings is in talks to sell its South African corporate banking business to a unit of FirstRand, the country's largest lender by market value, Bloomberg News reported on ...