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 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.

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HSBC Holdings plc, Europe's largest bank by market value, announced Tuesday its decision to sell its business in Argentina to Grupo Financiero Galicia, the largest private financial group in the ...

HSBC Holdings PLC HSBC is set to deploy $4 billion into its private credit funds to drive profits higher. Nicolas Moreau, CEO ...

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 ...