Exclusive: HSBC to acquire Citigroup China consumer wealth business -sources ...Middle East

News by : (Bloomberg News Today) -
[1/2]A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu//File Photo Acquire Licensing Rights HONG KONG, Sept 28 (Reuters) – HSBC (HSBA.L) is set to acquire Citigroup’s (C.N) China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said, in a major boost to the London-based bank’s business in that country. The transaction, the financial details of which were not immediately known, will also see Asia-focussed HSBC taking over “a few hundreds” of Citi’s China-based staff, said one of the sources. The sources could not be named as they w

Hence then, the article about exclusive hsbc to acquire citigroup china consumer wealth business sources was published today ( ) and is available on Bloomberg News Today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Exclusive: HSBC to acquire Citigroup China consumer wealth business -sources )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار