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Montevideo, November 27th 2024 - 22:22 UTC

Tag: Noel Quinn

  • Tuesday, April 9th 2024 - 21:01 UTC

    HSBC leaving Argentina to pursue other interests

    Galicia is better positioned to invest and grow the business, HSBC's CEO said in a statement

    Global banking giant HSBC Tuesday announced it was selling its Argentine operations to Grupo Financiero Galicia for US$ 550 million after deciding to leave the South American country to focus on operations in Asia as the new business strategy. The total transfer process could take about 12 months as some regulatory approvals are still needed.