News and analysis on global M&A and corporate financing strategies

Finance

HSBC Shifts Its Focus In Latin America

January 2012 | M&A Analysis

The restructuring of the UK financial services industry is ongoing. This week saw lender HSBC join the growing wave of British banks spinning-off assets overseas with the disposal of its operations in Costa Rica, El Salvador and Honduras to Colombia's Banco Davivienda for a fee of US$801mn in cash.

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