HSBC agrees to sell off its Argentina business

The banking giant is set to take a billion-dollar loss by exiting Argentina after nearly 30 years.

By: BBC News

May 06 2024
9
4373 Views

Banking giant HSBC is selling off its business in Argentina at a $1bn (£790m) loss after years of battling with the country's unstable exchange rate. HSBC Argentina, which has more than 100 branche… [+2421 chars]

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