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HSBC completes sale of retail banking business in France By Reuters

HSBC completes sale of retail banking business in France By Reuters


© Reuters. The HSBC logo is seen in this illustration taken December 22, 2023. REUTERS/Dado Ruvic/Illustration/File photo

(Reuters) – HSBC Continental Europe (HBCE), a subsidiary of HSBC, has completed the sale of its retail banking activities in France to CCF, a subsidiary of My Money Group, the British lender announced in a press release on Monday.

“All necessary regulatory approvals have been obtained and the transaction closed on January 1,” HSBC said.



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