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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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