Tag: Cathay Bank

Activity, Corporate Banking

Go international or shed foreign assets? HSBC, Taiwanese bank take opposing tacks

October 5, 2022

Via: Banking Dive

The past two years have seen more than a handful of banks based on other continents pull up the stakes on their foreign outposts. BBVA sold its U.S. footprint to PNC. HSBC spun off its U.S. branches to Citizens and […]


HSBC sells 80 branches to Citizens Bank, 10 to Cathay in US retreat

May 27, 2021

Via: Banking Dive

Pending regulatory approval, the deals with Citizens and Cathay are expected to close by the first quarter of 2022. The acquisition is slated to give Citizens Bank 800,000 new customer relationships and a foothold in several strategic markets, including the […]