HSBC Going Solo in China Credit Cards Boosts Expansion PlanBy
Bank has ended card venture with Bocom, Asia head says
HSBC would be just one of three foreign card issuers in China
HSBC Holdings Plc winning approval to start a credit-card business in China’s $1 trillion market offers Chief Executive Officer Stuart Gulliver added flexibility in his push into the nation’s retail banking and wealth-management industries.
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