Bloomberg News

LONDON - HSBC Holdings PLC is on the lookout for opportunities to expand in North America, even after its $9.85 billion purchase of Republic New York Corp. last year, said chief executive Keith Whitson.

Europe's largest bank by market value also doesn't rule out buying more investment-banking businesses in Europe, following its $10.1 billion purchase of Credit Commercial de France SA earlier this year, to expand further at a time when mergers and takeovers on the continent are rising.

"North America stands out" as an area where the bank has gaps, Mr. Whitson said in an interview with Bloomberg News. Still, "we're not desperate to go out and buy more banks."

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