HSBC HSBC Holdings PLC

--HSBC is reviewing its operations in as many as a quarter of the 67 countries it operates in, and is considering an exit or sale from smaller consumer operations such as Bermuda, Malta, and Uruguay, reports Bloomberg, citing unknown sources.

--HSBC is also looking at expanding its asset management unit as an operation independent from its retail banking unit, potentially via a merger with a rival, says Bloomberg.

--HSBC declined to comment to Bloomberg, except to say the bank will update investors at, or before, its interim results.

Full story: https://bloom.bg/2GQXNEv

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(END) Dow Jones Newswires

April 04, 2018 09:33 ET (13:33 GMT)

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