HSBC to Divest German Private Banking Business to BNP Paribas

HSBC Holdings HSBC has signed an agreement to sell its private banking business in Germany to BNP Paribas BNPQY. The deal's financial terms, expected to close in the second half of 2025, have not been disclosed.The transaction, st https://www.nasdaq.com/articles/hsbc-divest-german-private-banking-business-bnp-paribas