• 11/25/2024

HSBC to acquire Citigroup China consumer wealth business 

Reuters

Reuters exclusively reported that HSBC (HSBA.L) is set to acquire Citigroup’s (C.N) China consumer wealth management business, which manages more than $3 billion in assets, in a major boost to the London-based bank’s business in that country. 

The post HSBC to acquire Citigroup China consumer wealth business  appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/hsbc-to-acquire-citigroup-china-consumer-wealth-business/