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February 2024
AAM Magazine
February 2024
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HSBC buys Citi’s China wealth management business

By Hui Ching-hoo   
  • Asia
  • China
  • Global
  • Hong Kong
Hongkong and Shanghai Banking Corporation Holdings plc (HSBC) is set to buy a US$3.6 billion retail wealth management portfolio in China from rival Citi. The portfolio comprises assets and deposits and the associated wealth customers across 11 cit...

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