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: Quote,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
Gas explosion in Fresno in California injured 11 people on Friday afternoon. Pacific Gas and Electric Co. (PG&E) said workers who are not affiliated with the company have struck a 12-inch natural gas transmission pipeline and the gas leaked was ignited due to the dig-in. Verizon Communications' FiOS TV service has modified its programming bundles and will now offer new packages so that users can subscribe only for channels they prefer to watch. Instagram, the photo sharing app owned by Facebook, has updated its community guidelines to disallow nudity and harassment in uploaded photos and pictures, as well as cyber bullying.
comments powered by Disqus
RELATED NEWS
Trade HSBC now with 
Follow RTT