Home » Hsbc, the Chinese partner for the break up: off to banking deglobalization

Hsbc, the Chinese partner for the break up: off to banking deglobalization

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Hsbc, the Chinese partner for the break up: off to banking deglobalization

With a market capitalization of £ 100 billion (around € 120 billion), HSBC is the largest European bank ahead of France’s Bnp Paribas (61 billion) and Spain’s Santander (47.5 billion). But the leadership of the Anglo-Asian banking giant based in London could be destined to vanish quickly if the request of its new largest shareholder (almost 9%), the Chinese insurance giant Ping An, to split the group in two is successful. separate entities with …

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