HSBC to sell UK life unit to Chesnara for $355M

5 days ago 1

High Street Branch Of HSBC Retail Bank With No People

HSBC (NYSE:HSBC) agreed to sell its HSBC Life (UK) Limited unit to Chesnara Plc for £260M (US$355M), Chesnara said in a filing on Thursday.

For HSBC (NYSE:HSBC), the deal continues a string of asset sales as the bank focuses

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