By Reuters Staff 2 Min Read FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid LONDON (Reuters) - HSBC has entered final negotiations to sell its French retail banking business to private equity firm Cerberus, a source familiar with the matter said on Wednesday. The planned disposal is part of HSBC Chief Executive Noel Quinn’s strategy to slash costs across the banking group and Reuters previously reported that Cerberus was among two remaining bidders. The talks are conditional on price and terms and may not necessarily result in a sale, the source told Reuters.