HSBC Holdings Plc’s HSBC subsidiary, HSBC Continental Europe,has reached an agreement to sell its custody operations in Germany to BNP Paribas BNPQY. This potential transaction marks another milestone ...

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 ...

Argentina said on Monday it was suspending HSBC Bank Argentina's right to transfer money abroad for 30 days due to “irregularities”, two months after charging it with helping clients evade ...

Grupo Financiero Galicia S.A. has successfully completed the acquisition of nearly all shares and voting rights of HSBC Bank Argentina and its affiliates.

HSBC Acquisition Adds New Fuel to the Upside Case Argentina’s banking system may be consolidating if recent acquisitions, most notably GGAL’s buyout of HSBC Argentina, are anything to go by.

The bank will sell the operations to Grupo Financiero Galicia for $550 million, subject to some price adjustments, according to a statement on Tuesday. The deal includes all of HSBC Argentina’s ...

HSBC 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 once globe-spanning empire to focus on Asia. HSBC is ...

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 ...

HSBC 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 once globe-spanning empire to focus on Asia. HSBC is ...

HSBC has agreed to sell its business in Argentina to domestic lender Grupo Financiero Galicia for $550 million as it exits a market where its business has been affected by hyperinflation and a ...

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.