HSBC rumoured to sell Thai retail banking business

The move is seen as part of a plan to exit retail banking businesses that lack scale.

HSBC’s Thai retail banking business is rumoured to be up for sale, as part of a restructuring plan for its global retail operations. When asked if a sale was on the cards, a Hong Kong-based spokesperson said: “We do not comment on market rumour or speculation.”

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media