HSBC proposes $13.6 billion privatization of Hang Seng Bank | REUTERS #Reuters

HSBC proposes $13.6 billion privatization of Hang Seng Bank | REUTERS
HSBC said it planned to privatize Hong Kong’s Hang Seng Bank in a deal worth $13.63 billion after its majority-held subsidiary has come under fire for its performance and exposure to faltering property markets in the city and mainland China.

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