IN BRIEF: HSBC enters exclusive talks for sale of Malta branch stake
HSBC Holdings PLC - London-based universal bank - Indirectly held subsidiary HSBC Continental Europe has entered exclusive talks with CrediaBank SA, formerly known as Attica Bank, for a limited period regarding the potential sale of its majority shareholding in HSBC Bank Malta PLC. CrediaBank was identified as a preferred bidder as part of a strategic review of HSBC's stake in HSBC Bank Malta. No agreement has yet been reached, and the strategic review remains ongoing. Read More