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HSBC did not say what the projected cost savings might be or indicate how many jobs would be affected, but more details could emerge when the bank reports third-quarter results on Oct. 29.
HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
HSBC Bank may refer to any one of the following principal local banks or divisions of the HSBC Group: Asia-Pacific. HSBC (Hong Kong) PayMe, its local payment service;
HSBC Bank Egypt was established in 1982 as Hongkong Egyptian Bank with 40% HSBC ownership. In January 1994, the bank was renamed Egyptian British Bank under the same shareholding structure. The bank took the name HSBC Bank Egypt in April 2001 following an increase in shareholding by the HSBC Group's from 40% to 94.5% of its issued share capital.
Gulf Bank Algeria (AGB), part of Gulf Bank Group; Housing Bank for Trade and Finance - Algeria (HBTF-Algeria), part of HBTF Group Fransabank El Djazair, part of Fransabank Group; Al Salam Bank - Algeria (ASBA), part of Bank Muscat Group; H.S.B.C. Algeria, branch of HSBC
The following is a list of banks in the Arab World. The modern system of Arab banks was created in Egypt in the late 19th century, with the campaign of modernizing the country. Today Arab banks are among the most pioneering in Developing countries, and some are competitors to major international
1 Algeria. 2 Angola. 3 Benin. 4 Botswana. 5 Burkina Faso. 6 Burundi. 7 Cameroon. 8 Cape Verde. 9 Central African Republic. ... Central Bank of Nigeria [17] Access ...
In November 2007, the proposed sale and privatization of Crédit Populaire d’Algérie was postponed because of turbulent market conditions. Recently, HSBC and Deutsche Bank announced that they would commence commercial banking (in the case of HSBC) and investment banking (in the case of Deutsche Bank) in Algeria.