HSBC Said to Weigh Selling Latam Client Assets to Santander

  • Sale would involve $4 billion to $6 billion of client assets
  • Santander may use purchase to boost Latin American growth

HSBC Holdings Plc is weighing the sale of a portfolio of Latin American client assets that are managed in Switzerland to Banco Santander SA as the British lender restructures its private bank, according to people familiar with the matter.

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