• 11/29/2024

HSBC pushes back on Ping An’s claims on spin-off of Asian business

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Structural reforms proposed by Ping An Insurance Group, including a spin-off of HSBC’s Asian business, would “significantly dilute” HSBC’s international business model, the London-based lender said.

https://www.scmp.com/business/banking-finance/article/3217650/hsbc-pushes-back-ping-ans-claims-spin-asian-business?utm_source=rss_feed