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
Dairy giant Saputo Inc. is voluntarily recalling certain Gouda cheese products in the U.S. due to potential listeria contamination. Saputo said one of its suppliers, Deutsch Kase Haus, LLC of Middlebury, Indiana, notified the company that some specialty Gouda cheese products that it supplied to Saputo's Green Bay, Wisconsin facility may have been contaminated with Listeria monocytogenes. Amazon is exploring the possibility of using parachutes to drop drone-delivered packages. The e-commerce giant has been granted a patent titled, "Maneuvering a package following in-flight release from an unmanned aerial vehicle". U.S. food maker Kraft Heinz Co. (KHC) Friday confirmed that it has made a comprehensive proposal to Anglo-Dutch consumer goods company Unilever Plc or Unilever NV. The cash and stock offer values $143 billion. Further, Kraft Heinz noted that Unilever has declined the proposal, however it go ahead...
comments powered by Disqus
RELATED NEWS
Trade HSBC now with 
Follow RTT