FirstRand Banks on South Africa
HSBC in talks to sell South African unit to FirstRand, Bloomberg News reports
HSBC Holdings is in talks to sell its South African corporate banking business to a unit of FirstRand , the country's largest lender by market value, Bloomberg News reported on Friday, citing people with knowledge of the matter.
HSBC Said in Talks to Sell South African Unit to FirstRand
HSBC Holdings Plc is in talks to sell its South African corporate banking unit to FirstRand Ltd.’s Rand Merchant Bank, people with knowledge of the matter said, as the the UK lender sells non-core assets.
International bank looking to leave South Africa
HSBC is planning to sell its equities business in South Africa, with one of FIrstRand’s divisions reportedly keen.
HSBC in talks to sell South Africa unit to FirstRand, Bloomberg News reports
HSBC Holdings is in talks to sell its South African corporate banking business to a unit of FirstRand, the country's largest lender by market value, Bloomberg News reported on Friday, citing people with knowledge of the matter.
HSBC in talks to sell South African unit to FirstRand
According to an earlier Bloomberg report, African, Chinese and United Arab Emirates-based bidders are interested in HSBC's business in South Africa
HSBC said to be in talks to sell South African unit to RMB
HSBC is in talks to sell its South African corporate banking unit to FirstRand's Rand Merchant Bank, people with knowledge of the matter said, as the UK lender sells non-core assets.
FirstRand Banks on South Africa as It Sits on Excess Capital
FirstRand Ltd. is doubling down on South Africa in a bet that interest-rate cuts and economic reform will create growth opportunities, where it can spend excess cash sitting on its books.
HSBC’s new CEO looking to shake up lender; possible cost cuts, say analysts
He needs to shave off US$2 billion in costs to sustain a key measure of bank’s profits. Read more at straitstimes.com.
Business Times3d
HSBC’s new CEO is looking to shake up Europe’s largest lender
WITH just two weeks under his belt as the new chief executive officer of HSBC Holdings, Georges Elhedery has made it clear he ...
New HSBC chief to shake up the lender
LONDON: With just two weeks under his belt as the new chief executive officer (CEO) of HSBC Holdings Plc, Georges Elhedery ...
The South African on MSN11h
ALERT: How to get tickets for Cape Town Sevens
Fans wishing to re-live the magic of the DHL Stadium rugby experience can do so for as little as R250 when the Cape Town ...
Weaponisation of financial power: democracy under threat
Cutting off Sekunjalo’s financial access means banks effectively undermine the independence of one of the few media voices ...
Yahoo Finance5d
HSBC Sep 2024 20.000 put
HSBC and FirstRand declined to comment. HSBC entered South Africa in 1995, and today serves mainly large companies operating on the continent. (Bloomberg) -- Oil gained for the second straight ...
MT Newswires on MSN6d
European Equities Close Higher on Friday; HSBC Mulls Potential Sale of South African Unit
The European stock markets closed higher in Friday trading as the Stoxx Europe 600 gained 0.72%, the Swiss Market Index rose 0.46%, France's CAC increased 0.41%, the FTSE in London was up 0.39%, and ...