Tag: HSBC Holdings
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HSBC Holdings to write a $300 million loss over HSBC Malta sale
HSBC Holdings, the parent company of HSBC Malta has announced it will be accounting for a $300 million loss at the end of the year for its sale of HSBC Malta. According to its latest financial results for the first nine months of the year, HSBC’s revenues have increased along with its operational expenses. CEO…
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Several buyers interested in acquiring HSBC Malta: APS Bank submits bid
HSBC Bank Malta is set to to be sold off as it convenes an Extraordinary General Meeting to discuss various offers it has been submitted to it. APS Bank has also issued a statement declaring that it submitted a bid to buy 70% of the bank’s shares from HSBC Holdings. HSBC Continental Europe has instructed…
