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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

HSBC Offloads Sri Lanka Consumer Unit, Focuses On Global Corporate Clients

HSBC

HSBC Holdings’ (NYSE: HSBC) shares are trading relatively flat in the premarket session on Friday.

The banking giant recently announced plans to exit its retail banking operations in Sri Lanka, agreeing to transfer the business to Nations Trust Bank PLC.

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