Section

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

By Financial Post - a month ago
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.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.