HSBC agrees to sell its business in Argentina to Grupo Financiero Galicia for $550m
LONDON: HSBC Latin America B.V., a wholly owned subsidiary of HSBC Holdings plc, has entered into a binding agreement to sell its business in Argentina to Grupo Financiero Galicia, the largest private financial group in Argentina. Noel Quinn, Group Chief Executive, said: “We are pleased to agree the sale of HSBC Argentina. This transaction is…