HSBC has reached an agreement to transfer its business in South Africa to local lender FirstRand Bank Ltd, the British bank said on Thursday, as it exits from the country entirely amid a wider ...

HSBC South Africa will service its branch clients until the transfer of the business is completed. Emrie Brown, the CEO of RMB, said: “The transaction fits with RMB's strategy to scale its ...

HSBC Holdings is considering selling its South Africa assets as the lender concentrates on Asian markets. Reported by Bloomberg, banks from the region, China, and the United Arab Emirates are ...

HSBC Holdings 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 focus towards Asia.

Investec has been named the best-performing bank in the UK and has shot up the rankings to beat Standard Bank back home in ...

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 ...

HSBC Holdings Plc is weighing a sale of its South African businesses as the lender focuses on Asian markets, ... HSBC Said to Explore Sale of South Africa Units to Focus on Asia.

Country confident of shift by global financial crime watchdog after prosecutions blitz, says central bank governor ...

HSBC entered South Africa in 1995, and today serves mainly large companies operating on the continent. HSBC has in recent years been slashing its businesses in Western markets such as the U.S., ...