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.

HSBC Argentina has more than 100 branches, with roughly 3,100 employees and approximately one million clients. As of Feb 29, 2024, it had total assets of $4.7 billion, ...

Grupo Financiero Galicia: HSBC Argentina Acquisition Adds New Fuel To The Bull Case. Apr. 15, 2024 12:07 AM ET Grupo Financiero Galicia S.A. (GGAL) Stock HSBC, HBCYF, GGAL 122 Comments 3 Likes.

HSBC Argentina has over 100 branches throughout the country, 3,100 workers, and around one million customers, which would render Banco Galicia the second-largest in the country behind the state ...

HSBC 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.

HSBC Holdings Plc. acordó vender su negocio en Argentina, y registrará un cargo de US$1.000 millones en el primer trimestre por la operación, en un momento en que el banco se centra en los ...

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.

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.