HSBC Mexico Sees 4th-Quarter Results Improving

HSBC Holdings Plc (HSBA)’s Mexico unit expects fourth-quarter results to be better than the bank’s performance in previous quarters, Chief Executive Officer Luis Pena Kegel said.

The lender is committed to be the third-largest corporate debt seller in Mexico, Pena Kegel told reporters today in Mexico City. Mexico’s economy will expand 4 percent this year, Pena Kegel added.

To contact the reporter on this story: Jose Enrique Arrioja in Mexico City at jarrioja@bloomberg.net

To contact the editor responsible for this story: Jose Enrique Arrioja at jarrioja@bloomberg.net

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