Barclays PLC BCS and HSBC Holdings PLC HSBC are often the first names that come to mind when discussing prominent foreign banks. Both are based in London and have been streamlining their operations to ...

One of the highlights for GGAL was the acquisition of HSBC in Argentina, completed in December 2024 for about $550 MM. This purchase included the bank, the mutual fund manager and the life and ...

Banco BBVA Argentina S.A. (NYSE: BBAR) Q4 2024 Earnings Conference Call March 6, 2025 10:00 AM ET Company Participants Belen Fourcade - Investor Relations Manager Carmen Morillo Arroyo - Chief ...

Sam Pinder, World Rugby Sevens General Manager, said that “Following the spectacular success of rugby sevens at the Paris Olympics, we’re thrilled to announce the first five legs of the HSBC ...

HSBC reported this week a drop in net interest income of almost 3 per cent in the first quarter to $8.7bn. But Tucker is mainly under the spotlight over the CEO role, which is in flux for the ...

HSBC Argentina, which has more than 100 branches and 3,100 employees, will be bought by Grupo Financiero Galicia, a major private financial group. Annual inflation in Argentina hit 276.2 percent ...

HSBC is selling the business, which covers banking, asset management and insurance, to Argentina's fifth largest bank Grupo Financiero Galicia for $550 million, the British bank said.

LONDON, United Kingdom — Global bank HSBC has agreed to sell its Argentina division to the financial services company Grupo Financiero Galicia for $550 million as it focuses on core Asia operations, ...

The remainder will be paid in cash and loan notes, HSBC said. HSBC has more than 100 branches in Argentina with about 3,100 employees. In 2023 it reported $239 million in pretax profit in the country.

HSBC says it first quarter results will be hit by a $1billion (£790.1million) pre-tax loss following the £434.6million sale of its Argentinian bank to Grupo Financiero Galicia.

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, risk-weighted assets of $7.9 ...

HSBC announced its agreement to sell its business in Argentina for $550 million, with a $1 billion pre-tax loss in the first quarter of 2024.