World Business Watch: Europe's biggest bank HSBC shrinks its presence in US
Edited By WION Video Desk
Published: May 26, 2021, 21:58 IST | Updated: May 26, 2021, 21:58 IST
HSBC announced that it would sell parts of its business and shut down others in the US. The mass market withdrawing is from retail banking, a long-awaited move as the lender moves forward with a focus on its largest market, Asia.
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