HSBC May Beat Wall Street With Majority Stake in China FirmBy and
Bank says joint venture yet to be approved by regulators
HSBC would be first foreign bank with majority equity stake
HSBC Holdings Plc is set to beat its Wall Street rivals with a majority equity stake in a joint venture in China, paving the way for Europe’s largest lender to offer a range of securities and investment banking services.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.