Hosted on MSN11mon
HSBC pulls out of Argentina as ‘anarcho-capitalist’ president battles hyperinflationHSBC is offloading its business in Argentina at a $1bn (£790m) loss amid a battle to calm hyperinflation by Javier Milei, the country’s new “anarcho-capitalist” president. The bank will ...
Hosted on MSN11mon
HSBC to sell Argentina business for $550 mln, to clock a loss on saleThe sale is also expected to reduce HSBC’s CET1 ratio by 0.1 percentage points in Q1. Still, the bank said its dividend payout ratio target remains unchanged at 50% for 2024. The move comes as ...
“HSBC Argentina is a primarily domestic-focused ... will for the time being remain in Mexico and the United States. The bank announced in February that its net profit would increase by more ...
Justice officials said that the fine had been levied against HSBC Bank Argentina SA for failing to disclose a three million dollar transaction by a bread bakers' association, in what regulatory ...
La Superintendencia de Entidades Financieras y Cambiarias del Banco Central (BCRA) aplicó una multa de 85,7 millones de pesos al HSBC Bank Argentina S.A. y a sus autoridades, por "incumplir ...
Este no será el único cambio en el HSBC, ya que después de 25 años acaba de irse una histórica, Patricia Bindi, Head of Commercial Banking y miembro del comité ejecutivo. Más cambios Este ...
Los directivos mencionaron en un comunicado que la transacción demorará un año, por lo que, los clientes del HSBC tendrán una adaptación más fluida. El banco Galicia adquirirá las operaciones de la ...
In particular, 2024 saw the highest levels of M&A activity in the last five years, including Banco Galicia's $550 million acquisition of HSBC's operations in Argentina. Last week, Grupo Galicia ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback