logo
Share SHARE
FONT-SIZE Plus   Neg

HSBC Plans Disposal Of Retail Banking, Wealth Management Business In Mauritius

Hongkong and Shanghai Banking Corp. Ltd., or HSBC, a wholly-owned subsidiary of HSBC Holdings Plc (HBC,HSBA.L), confirmed that it is in talks concerning a possible sale of its Retail Banking and Wealth Management business in Mauritius.

The company stated that the discussions are ongoing and may or may not lead to a transaction. HSBC will make a further announcement if or when appropriate.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Even after two years of thoroughly searching across the Indian Ocean, using modern technologies and devices, there is no clue about the Malaysian airline that vanished on March 8, 2014. Internet access is growing worldwide, but there is still a long way to go before the entire world is completely wired, a study from the Pew Research Center has found. The study also noted that men have greater access to the Internet than women in many nations. Backtracking on its early announcements on digital privacy, WhatsApp is planning to share member information, phone numbers and analytical data with Facebook, to make revenue from the platform.
comments powered by Disqus
Follow RTT