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HSBC Said to Sell $2.7 Billion of Loans in Asset-Reduction Plan

  • Portfolio has 69 credits including corporates, project finance
  • Europe’s largest bank reducing assets by $290 billion by 2018
Signage for HSBC shines through decorative lights outside the HSBC tower in Canary Wharf business district in London, U.K., on Saturday February 13, 2016.

Signage for HSBC shines through decorative lights outside the HSBC tower in Canary Wharf business district in London, U.K., on Saturday February 13, 2016.

Photographer: Luke Macgregor/Bloomberg