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Statement: US card and retail services business

9th Aug 2011 07:06

RNS Number : 9997L
HSBC Holdings PLC
09 August 2011
 



 

POSSIBLE SALE OF US CARD AND RETAIL SERVICES BUSINESS

 

The Directors of HSBC Holdings plc ("HSBC") note the recent press speculation concerning a possible sale of HSBC's card and retail services business in the United States (the "Business").

 

HSBC confirms that it is in discussions regarding a possible sale of the Business. These discussions are ongoing and no decision has yet been made to proceed with any transaction. 

 

HSBC will make a further statement if or when appropriate.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
SPCLIFIRTSIAIIL

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