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  • HSBC selling Bank of Shanghai stake

    HSBC selling Bank of Shanghai stake

      Thu, December 12, 2013       

    (12 December 2013 – China) HSBC Holdings plc, Europe’s largest bank, agreed to sell its 8 percent stake in Bank of Shanghai Co, to Spain’s Banco Santander SA (SAN) as it exits minority investments to boost profitability.

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