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HSBC Oversold Risks Of $35 Billion Asia Spin-Off, Investor Thinks: Report
HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer's thinking said, adding the move could unlock up to $35 billion in value.
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Manulife, HDFC Life among likely bidders for HSBC India insurance arm
HSBC plc, Europe's biggest bank, is selling its 26 per cent stake in a life insurance joint venture with two Indian state-run banks, as it sheds noncore businesses globally.
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HSBC Oversold Risks Of $35 Billion Asia Spin-Off, Investor Thinks: Report
HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer's thinking said, adding the move could unlock up to $35 billion in value.
-
Manulife, HDFC Life among likely bidders for HSBC India insurance arm
HSBC plc, Europe's biggest bank, is selling its 26 per cent stake in a life insurance joint venture with two Indian state-run banks, as it sheds noncore businesses globally.
