HSBC Considers Sale of Certain German Units, Bloomberg Reports
Provided by
Dow Jones
-- HSBC Holdings is exploring the sale of some of its businesses in Germany, which could include its wealth-management, custody and fund administration units, Bloomberg reports citing unnamed sources.
-- The London-listed lender started a review with advisors, which is at an early stage and doesn't affect its corporate-banking and trading activities, Bloomberg reports.
-- HSBC didn't immediately respond to a request for comment from Dow Jones Newswires.
Full story: https://tinyurl.com/4zyvmc2s
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
April 03, 2024 07:01 ET (11:01 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Markets Brief: AI Leaders Excel In Earnings Season So Far
-
What History Tells Us About the Fed’s Next Move
-
What’s Happening In the Markets This Week
-
Alphabet’s New Dividend: What Investors Need to Know
-
Going Into Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
Going Into Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?
-
What’s the Difference Between the CPI and PCE Indexes?
-
5 Stocks to Buy That We Still Like After They’ve Run Up
-
Tesla: Full Self-Driving Approval In China Supports Our View for Deliveries Growth In 2024
-
Philips Earnings: Firm Reaches $1.1 Billion Settlement Agreement
-
AbbVie Earnings: Next-Generation Immunology Drugs Help Offset Humira Biosimilar Pressure
-
Exxon Earnings: Ignore Earnings Shortfall as Long-Term Growth and Improvement on Track
-
American Airlines Earnings: We See Costs Overshadowing Market Share This Year
-
Snap Earnings: Advertising Growth and Snapchat+ Drive Monetization
-
STMicro Earnings: We Still See an Attractive Margin of Safety Despite a Poor First-Half Forecast
-
Alphabet Shares Surge on Strong Earnings, Dividend Surprise