Retail Banking
Uncategorized
HSBC's exit from Turkey's retail banking market no easy task
HSBC faces a tough task selling its loss-making retail arm in Turkey, where it has been hamstrung by tough competition and faces a decline in both economic growth and investor confidence. Chief executive Stuart Gulliver said in February HSBC's four problem businesses – Brazil, Mexico, Turkey and the US –…
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Click here to read the full story: South China Morning Post