HSBC stated, “Economic ownership of HSBC Russia has been transferred to Expobank. The transaction will formally complete once the legal title transfer has been registered in the State Corporate ...

HSBC finalised the transfer of ownership of its Russian unit to Expobank for an undisclosed price, the two banks announced on Wednesday, ending nearly two years of discussions and uncertainty.

BUFFALO, N.Y. (AP) -- HSBC Bank USA said Monday that it has reached an agreement to transfer its retail mortgage processing and servicing operation to PHH Mortgage Corp. HSBC said that about 400 ...