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Tag: U.S. retail unit


Activity, Investment Banking, Retail Banking

HSBC considers leaving US retail banking

November 30, 2020

Via: Banking Dive

HSBC’s U.S. retail unit lost $518 million before taxes in the first three quarters of 2020 — a margin that has widened from $182 million in 2018 and $279 million last year, according to the Financial Times. A pullout would […]