Update (Divestment)
HSBC Announces Sale of Argentina Business to Grupo Financiero Galicia
HSBC Holdings plc (HSBC) announced that it has entered into a definitive agreement to sell its banking operations in Argentina to Grupo Financiero Galicia, the largest private financial group in Argentina. The deal: * Value: US$550 million, subject to adjustments. * Completion: Expected within the next 12 months. Financial impact for