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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. The move ...
Galicia stands out as a key beneficiary. The buyout of HSBC Argentina adds legs to Galicia’s post-election rally. From here, GGAL’s excess capital position will only grow now that the country ...
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 ...
Argentine president Javier Milei is battling to get inflation under control after it rocketed to 140pc last year - Agustin Marcarian HSBC is offloading its business in Argentina at a $1bn (£790m ...
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 ...
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