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HSBC shifts South Africa customers to FirstRand and Absa
HSBC to Exit South African Market With Sale of Unit to FirstRand
HSBC Holdings Plc agreed to sell its South African corporate branch unit to FirstRand Ltd. as part of its ongoing strategy to dispose of non-core assets.
HSBC shifts South Africa customers to FirstRand and Absa, as it exits the country
HSBC has reached an agreement to transfer its business in South Africa to local lender FirstRand Bank Ltd, the British bank said on Thursday, as it exits from the country entirely amid a wider pivot towards Asia.
HSBC winds down in SA, transfers ops to FirstRand, Absa
HSBC is winding down its operations in South Africa, with FirstRand Bank set to take over its branch businesses, while its securities and equities operations will be transferred to Absa. The British finance institution has serviced South Africa for nearly 30 years.
MarketWatch
5h
HSBC Holdings rises Friday, still underperforms market
HSBC
Holdings PLC (UK Reg) HSBA shares inched up 0.16% to £6.81 Friday, on what proved to be an all-around favorable ...
2d
HSBC Says Clients Can Derisk Supply Chains With CO2 Cuts
Companies can mitigate risks and cut costs by reducing greenhouse gas emissions in their supply chains, according to HSBC ...
2d
on MSN
HSBC says governments' climate plans need to provide sector details
Governments reporting their plans and progress in bringing down national levels of planet-warming carbon emissions need to ...
2d
on MSN
Korea's Value-Up program will be a 'slow grind' and needs support from domestic investors: HSBC
Herald van der Linde of HSBC says that the Korea Value-Up program and index are positive developments for investors, but ...
1d
HSBC Holdings rises Thursday, outperforms market
HSBA rallied 2.10% to £6.80 Thursday, on what proved to be an all-around favorable trading session for the stock market, with ...
2d
HSBC now expects ECB to cut rates by 25 bps at every meeting from Oct
HSBC said on Wednesday it now expects the European Central Bank to cut interest rates by 25 basis points at every meeting ...
portfolio-adviser.com
1d
HSBC appoints Pierin Menzli as global CIO of equity
HSBC Asset Management has appointed Pierin Menzli as global CIO of equity, moving from his current role of CIO for thematic ...
5h
Sponsored by HSBC, M+ hosts the first East Asia exhibition of Guo Pei’s haute couture work
As the Lead Sponsor of an M+ Special Exhibition, the bank aims to strengthen everyone’s connection to art, fashion and design ...
Inside Housing
6h
New Homes Ombudsman recruits HSBC director into top job
The New Homes Ombudsman has appointed a senior director from HSBC into the top job. Nigel Cates will lead the watchdog, which ...
In Depth
3d
In Depth
Exclusive: RBC bankers fear layoffs as pledge to keep HSBC staff nears end, sources say
Some Royal Bank of Canada employees who joined as part of an HSBC Canada acquisition are worried about losing their jobs when ...
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