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HSBC's Turkey Unit Sees Return to Profit After Restructuring

HSBC Holdings Plc’s Turkish unit is aiming to post a profit this year after the parent company scrapped plans for a sale and reorganized the lender. HSBC Bank AS, as the Istanbul-based unit is known, has cut the number of branches to 90 from about 300 since the restructuring began…

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Click here to read the full story: Bloomberg Markets

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