Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
HSBC considers complete exit from US retail banking: Report
short by Rishabh Bhatnagar / on Sunday, 29 November, 2020
British multinational investment bank HSBC Holdings is considering a complete exit from retail banking in the US, to help its struggling North America business, Financial Times reported. The bank’s senior management might reportedly present the plan to the board in the coming weeks. The bank earlier said it would accelerate the transformation of its US business and reduce annual costs.
read more at Reuters