HSBC Plans to Hire 100 Employees in Brazil to Deal with Mortgage
HSBC Holdings Plc said it is hiring about 100 employees and creating a team specialized in lending for existing real estate in Brazil to deal with the demand from its partnership with Brasil Brokers Participacoes SA, according to a statement sent by e-mail by its external press office in the South American country.
The bank expects to lend 4.5 billion reais for Brazilian mortgages in the next five years, due to the partnership signed with the real-estate company in October, said the statement.
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