Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

HSBC to Sell French Retail Business to PE Firm Cerberus

HSBC to Sell French Retail Business to PE Firm Cerberus

Banking major HSBC has entered final negotiations to sell its French retail banking business to PE firm Cerberus Capital Management. The move is part of HSBC’s cost cutting measures and the source said that talks are conditional on price and may not result in a sale....
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