HSBC to Sell $9.4B Ping An Stake

HSBC Holdings Plc agreed to sell its stake in China’s Ping An Insurance (Group) Co. to Thai billionaire Dhanin Chearavanont for $9.4 billion as Europe’s biggest bank by market value moves to revive profit and boost capital.

Cadillac Throwback, Take a Ride in a 1967 DeVille
22:03 - Cadillac has done a lot of marketing recently to throw off its fuddy-duddy image. But those old-school Caddys has some serious styling. Bloomberg Pursuits' Hannah Elliott took a 1967 DeVille out for a spin around Detroit. (video by David Nicholson)
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