Posts tagged "HSBC"

GNB Sudameris Purchase Units of HSBC

The group of Colombia GNB Sudameris acquired 100% of HSBC’s operations in that country, as well as Peru, Uruguay and Paraguay, in a transaction valued at $400 million, said Friday by the Paraguayan press. The operation, which includes 62 offices and assets, is the orderly transfer in the coming months, estimated that in Paraguay, GNB...

HSBC Sells Business in Latin America

MEXICO CITY – HSBC Latin America Holdings (UK) Limited, together with other wholly owned subsidiaries of its parent company, confirmed that it reached an agreement with Banco GNB Sudameris Gilinski2 controlled by the Group, to sell business in Colombia, Peru, Uruguay and Paraguay. In the transaction, HSBC said in a statement that it has a...