HSBC Considers Making a Bad Bank

Posted on 02/14/2020


HSBC Holdings Plc is looking into a potential merger of two of its biggest divisions, commercial banking and investment banking. HSBC is also looking at possibly creating a “bad bank” to hold between US$ 150 billion and US$ 250 billion in assets. Some of these unwanted assets could include HSBC’s French retail unit and HSBC’s […]