--HSBC Holdings PLC may sell its businesses in Turkey if it can find a local buyer, Reuters reports Wednesday, citing "sources familiar with the matter."

--The move comes amid HSBC's concerns over the outlook for Turkey's currency and economy, the report said.

--An HSBC spokeswoman declined to comment, according to the report.

 

Full story: https://www.reuters.com/article/us-hsbc-turkey-exclusive/exclusive-hsbc-considering-exit-from-turkey-sources-idUSKBN1ZS1R2

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 29, 2020 13:45 ET (18:45 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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