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HSBC to take $1bn hit from Argentina unit sale

Published by Frank Prenesti on 9th April 2024

(Sharecast News) - HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m and take a $1bn pre-tax loss in the process as it continued to pivot its operations towards Asia.

URL: http://www.digitallook.com/dl/news/story/34207961/...

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