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HSBC comes out of US retail banks
HSBC has sold its U.S. retail banking network, which is ending its North American business after a 40-year attempt to run a full-service bank in the country.
The largest European lender considered the provision of the US division to make constant losses at the end of last year as part of the bank’s efforts to make deep savings of about $ 4.5 billion and reduce 35,000 jobs.
HSBC said on Thursday it sold 80 of its 148 branches on the east coast to Citizens Bank, which has secured $ 9.2 billion in deposits and $ 2.2 billion in loans. Cathay Bank has bought ten branches on the west coast, taken out $ 1 billion in deposits and $ 800 million in loans. The remaining branches will be crushed. ....

United States , Hong Kong , Greg Hingston , Noel Quinn , Citizens Bank , Cathay Bank , North American , Asia Pacific Wealth , Personal Banking , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , கிரெக் ஹிங்ஸ்டன் , நோயல் க்வின் , குடிமக்கள் வங்கி , கேத்தே வங்கி , வடக்கு அமெரிக்கன் , தனிப்பட்ட வங்கி ,