HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.

HSBC Holdings plc (NYSE:HSBC) is closing its business banking unit in the United States to simplify its operations and shift its focus to the Asia and Middle East markets, according to a report by ...

This eastward shift follows an established pattern that began in 2021 when HSBC sold significant portions of its US retail banking business to Citizens Bank and Cathay Bank, followed by the 2022 ...

Bank of America survey finds investors pulling out of US stocks and the dollar, rotating into eurozone and emerging markets ...

(Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets. "Following a strategic ...

In 2021, the bank said it was withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business and winding down others. It sold its Canadian business to Royal ...

(Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets. "Following a strategic ...

(Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets. "Following a strategic ...