HSBC is investigating unit sales in Canada but domestic players could be

HSBC is investigating unit sales in Canada but domestic players could be

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  • HSBC Holdings plc(NYSE: HSBC) is considering selling its business in Canada without disclosing the potential valuation of the business. It knockedJP Morgan Chase & Co(NYSE: JPM) to process a possible sale.
  • According to the lawyers and analysts, the potential sale could deter big domestic banks from bids as the government has tasked the antitrust agency to push for more competition, Reutersreported.
  • Canada is…

Full story available at Benzinga.com


Read full story here https://www.benzinga.com/fintech/22/10/29164721/hsbc-explores-canada-unit-sale-but-domestic-players-might-be-discouraged-in-bidding-reports

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