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HSBC HSBC Holdings PLC

45.29
0.52 (1.16%)
Pre Market
Last Updated: 11:23:35
Delayed by 15 minutes
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
  0.52 1.16% 45.29 2,869 11:23:35

HSBC Considers Rebuilding Brazilian Investment Bank -FT

12/11/2018 11:14am

Dow Jones News


HSBC (NYSE:HSBC)
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--HSBC plans to rebuild its Brazilian investment-banking operations for domestic clients following the sale of its main business in the country in 2015, the Financial Times reports, citing unknown sources.

--HSBC is looking at boosting its staff in investment bank staff in Brazil to around 200 or more, from 80 currently, but has no plans to re-enter the retail banking sector in the country, according to the FT.

--HSBC declined to comment to the FT, and Dow Jones Newswires.

 

Full story: https://on.ft.com/2PPXoa0

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 12, 2018 05:59 ET (10:59 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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