HSBC HSBC Holdings PLC

--HSBC plans to rebuild its Brazilian investment-banking operations for domestic clients following the sale of its main business in the country in 2015, the Financial Times reports, citing unknown sources.

--HSBC is looking at boosting its staff in investment bank staff in Brazil to around 200 or more, from 80 currently, but has no plans to re-enter the retail banking sector in the country, according to the FT.

--HSBC declined to comment to the FT, and Dow Jones Newswires.

Full story: https://on.ft.com/2PPXoa0

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(END) Dow Jones Newswires

November 12, 2018 05:59 ET (10:59 GMT)

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