Chesnara Plc has agreed to buy HSBC Holdings Plc’s life insurance business in the UK, creating an entity with a combined £18 ...

Chesnara, the UK life and pensions consolidator, launched a £140m rights issue to finance its takeover of HSBC’s UK life ...

HSBC ( NYSE: HSBC) agreed to sell its HSBC Life (UK) Limited unit to Chesnara Plc for £260M (US$355M), Chesnara said in a ...

Elhedery is reportedly drawing up plans that could save the bank up to $300m (£229m). HSBC’s new boss has unveiled a sweeping overhaul of its global structure as Europe’s biggest lender also ...