HSBC sells sells its stake in Greek mutual fund manager HSBC Hellas
UK-based HSBC Holdings plc (LON:HSBA) said its unit HSBC Bank plc had agreed to offload its 73% interest in Greek mutual fund manager HSBC (HELLAS) Mutual Funds Management SA (HSBC…
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Sumitomo Life close to acquiring 18% stake in Vietnamese Bao Viet from HSBC
Japanese insurer Sumitomo Life Insurance Company is nearing an agreement to buy an 18% stake in Vietnamese financial services group BaoViet Holdings from British banking giant HSBC (LON:HSBA), Reuters reported citing…
HSBC sells stake in Asian JV with Global Payments for $242m
US payment processing services provider Global Payments Inc (NYSE:GPN) has executed an agreement that will give it full ownership of the Asian-Pacific joint venture established in partnership with The Hongkong…
HSBC agrees to sell stake in Chinese insurer Ping An to Thailand’s Charoen in $9.4bn deal
British banking and financial services group HSBC Holdings Plc (LON:HSBA) on Wednesday announced a HKD72.74bn (USD9.4bn/EUR7.2bn) agreement for the sale of its 15.57% in Chinese insurer Ping An Insurance (Group)…
HSBC in talks to sell stake in Chinese insurance firm Ping An
British banking and financial services group HSBC Holdings Plc (LON:HSBA) on Monday said it was negotiating the sale of its 15.57% stake in Chinese insurer Ping An Insurance (Group) Company…
HSBC considers sale of its stake in Vietnamese insurance group Bao Viet
British banking and financial services group HSBC Holdings plc (LON:HSBA) said on Thursday it was reviewing strategic options for its 18% interest in Vietnamese insurer Bao Viet Holdings including a…
HSBC sells ship brokerage and consultancy arm to management
British banking and financial services group HSBC Holdings plc (LON:HSBA) said its fully-owned unit HSBC Bank plc would shed ship broking and consultancy services provider HSBC Shipping Services Limited to…
British banking giant HSBC continues asset disposals
British banking group HSBC Holdings Plc (LON:HSBA) said today it is selling its entire Hungarian unit, HSBC Credit Zrt, to local venture capital firm Central-Fund Kockazati Tokealap without disclosing the…
HSBC reports profit growth for first half, makes $2bn provision for compensation and US matters
HSBC Holdings plc (LSE:HSBA), the bank's parent company, said that it had generated pre-tax profit of USD12.7bn in the six months to the end of June, up from USD11.5bn a…
HSBC disposes of its take in Asian card processing venture for $242m
British banking group HSBC Holdings Plc (LON:HSBA) said on Friday that it had reached a deal to dispose of its 44% interest in a card processing joint venture in the…
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