HSBC mulls sale of some Latin American operations

10th May 2012 07:02

The reshaping of global banking colossus HSBC continues with the group confirming it is talks about the possible sale of its operations in Colombia, Peru, Uruguay and Paraguay.The group is engaged in a process of dispensing with non-core businesses. Last month it said it was in talks to sell its operations in Pakistan and its Retail Banking and Wealth Management business in Korea. JH

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