HSBC - What's Going On With Banking Giant HSBC Stock Today? | Benzinga
HSBC Holdings plc (NYSE:HSBC) shares are trading lower today. HSBC Bank (China) Company Limited finalized the acquisition of Citigroup Inc’s (NYSE:C) retail wealth management portfolio in mainland China.
HSBC has also transitioned over 300 employees as a part of this integration. This deal shows HSBC’s ongoing improvement in wealth services in China and Asia.
The investment assets, deposits, and associated wealth customers from 11 major cities in mainland China have been integrated into HSBC China’s