BANKTHINK
= Subscriber content; or subscribe now to access all American Banker content.

HSBC Looks to Streamline; Shadow Banking Becomes Task Force's Target

Receiving Wide Coverage ... For Sale: HSBC is in talks to sell its stake in China's Ping An Insurance, which is worth $9 billion to $9.5 billion, depending on which paper you believe. A deal could net the bank around $7.5 billion. The FT name drops "Thai billionaire Dhanin Chearavanont, who controls the Charoen Pokphand Group" as a potential buyer. While the move is apparently not in line with HSBC chief executive Stuart Gulliver's statement last…

Morning Scan Plus is available to Premium Subscribers only.
To continue, please or subscribe
FREE WEEK
STARTING AUGUST 31ST
  • Full access to banking's most comprehensive daily report
  • Daily, weekly, and topic-based newsletters and alerts
  • Award-winning analysis and insight, focused on bankers' key concerns
No credit card needed
PREMIUM
SUBSCRIPTION
All subscription content plus:
  • Bimonthly industry research reports (including archive)
  • Morning Scan Plus e‑newsletter
Have an account?
SIGN IN HERE
Remember me