By Lawrence White LONDON (Reuters) -HSBC on Wednesday announced new potential terms that might pave the way for a strategically-important sale of its French retail banking business after the transaction stalled earlier this year on regulatory capital concerns. HSBC said the indirect shareholder of Cerberus-backed My Money Group, which is buying HSBC's French retail bank, will contribute 225
It’s the latest case of a bank experiencing the adverse impact of the rise of interest rates that started in the second half of 2022 in Europe. Further interest rate rises by the European Central Bank may put pressure on more European banks.
The London South East, Investing Matters Podcast, Episode 22, Sharon Bentley-Hamlyn, Founder and Director at Aubrey Capital Read Investing Matters s Articles lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
MOVES - Mercier bows out of HSBC ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
New head of sales foundational products will be part of the bank’s team responsible for digital products used by its global sales teams, The TRADE can reveal.