We know that HSBC (LSE: HSBA) is looking to shrink and refocusits global footprint, and the $5.2 billionsale of its Brazilian unit is clearly a decently-sizedstep towards that goal, even for a banking behemoth. Better still, theres a lot to like about the deal.
Elsewhere in the market, the Fool’s experts believe sales could treble in just five yearsatthise-commercestealth attack whosemaverick CEO may have been underestimated by the City.For more free information on this daring buy, click here now.
Owain Bennallackowns shares in HSBC. The Motley Fool UK has recommended HSBC Holdings. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
Owain Bennallackowns shares in HSBC. The Motley Fool UK has recommended HSBC Holdings. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.