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HSBC to Book $1 Billion Pretax Loss on Argentina Unit Sale

HSBC Holdings Plc agreed to sell its business in Argentina, and will book a $1 billion charge in the first quarter from the disposal as the lender hones its focus on faster growing Asian markets.

By: financialpost.com

Apr 09 2024
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9771 Views

HSBC to Book $1 Billion Pretax Loss on Argentina Unit Sale

(Bloomberg) — HSBC Holdings Plc agreed to sell its business in Argentina, and will book a $1 billion charge in the first quarter from the disposal as the lender hones its focus on faster growing Asian markets. Read More

HSBC to Book $1 Billion Pretax Loss on Argentina Unit Sale

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