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HSBC's acquisition of part of Citi's mainland business involved personal investment in wealth management assets and deposits
According to Citi, the transaction is expected to close in the first half of 2024. In April 2021, Citi announced a global strategy shift that will see it exit the consumer banking business in 14 mark ... -
Increase investment in the Chinese market HSBC's latest action: acquisition!
It is about $3.6 billion (as of August 2023) (about 26.3 billion yuan). The transaction is expected to close in the first half of 2024. It is understood that the business scope of the acquisition ...