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March 31, 2014
09:16 EDTHSBCHSBC announces agreement to sell bank in Uruguay ends
HSBC Latin America Holdings, a wholly-owned subsidiary of HSBC Holdings plc, announces that the agreement for the sale of HSBC's bank in Uruguay to Banco GNB Sudameris has ended. HSBC is exploring alternative options for the sale of its banking business in Uruguay, the company stated.
News For HSBC From The Last 14 Days
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November 25, 2015
13:27 EDTHSBCSantander, CaixaBank among biggest Abengoa lenders, Bloomberg says
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November 24, 2015
10:58 EDTHSBCHSBC to eliminate 2,000 jobs in commercial banking division, Bloomberg says
HSBC plans to cut 2,000 jobs in its commercial bank as part of cost reduction efforts, Bloomberg reports, citing a person briefed on the matter. The cuts started a week ago and are expected to take two years, the report says. Reference Link
November 23, 2015
06:33 EDTHSBCHSBC close to relocating out of the U.K., Business Insider says
HSBC will "very likely" go ahead with its headquarters relocation after some of its major shareholders declared publicly that they would support a move, Business Insider reports. The investors said that banks are frustrated with regulators "changing the goal posts," the report says. Reference Link
November 13, 2015
06:07 EDTHSBCHSBC names AXA CEO, former Diageo CEO to board
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