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Name | Symbol | Market | Type |
---|---|---|---|
HSBC Holdings PLC | NYSE:HSBC | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.645 | 1.48% | 44.295 | 44.70 | 44.21 | 44.65 | 1,150,770 | 17:29:52 |
By Sherry Qin
Citigroup agreed to sell its onshore consumer wealth portfolio in China to HSBC Holdings, progressing the wind-down of the U.S. bank's consumer business in the country.
Citi will sell its China consumer wealth portfolio, including clients, assets under management and deposits, worth approximately US$3.6 billion, to HSBC Bank China, Citi said in a statement Monday.
Write to Sherry Qin at sherry.qin@wsj.com
(END) Dow Jones Newswires
October 08, 2023 23:27 ET (03:27 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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