Citizens Bank buying 66 New York City metro HSBC branches - New York Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
HSBC To Exit US Mass Market Retail Banking
LONDON (dpa-AFX) - Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L) said that it will exit its U.S. domestic mass market retail banking business and retail business banking through a number of divestitures, and wind-down of the residual branch network. But, HSBC will continue investing in US international wholesale banking franchise.
HSBC announced earlier this year that it was exploring strategic options with respect to its US retail franchise, including organic and inorganic options to improve the profitability of its US retail business. The announced transactions are expected to close by the first quarter of 2022.
美股盘前：传拜登将提6万亿美元预算计划 道指期货盘前拉升 jrj.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jrj.com.cn Daily Mail and Mail on Sunday newspapers.
Cathay Bank To Acquire 10 Branches And Select West Coast Loans And Deposits From HSBC prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Cathay General Bancorp (Nasdaq: CATY) announced that its subsidiary bank, Cathay Bank, has entered into a purchase and assumption agreement.