HSBC to sell Argentina business as Asia pivot accelerates

HONG KONG -- HSBC Holdings on Tuesday announced the sale of its business in Argentina, saying it will book a $1 billion pretax loss on the move, as the London-based lender continues to unload operations and narrow its focus on Asia. The $550 million sale will transfer HSBC Latin America to Grupo…#hongkong #argentina #hsbclatinamerica
Source: Reuters: Health - Category: Consumer Health News Source Type: news