HSBC launched a review of its Turkish retail and corporate banking operations and said it is considering all options, as part of a broader simplification push to exit markets where it is “too small.” While no specific sale or impairment was disclosed, the move signals potential downsizing in Turkey and adds near-term execution uncertainty.
HSBC launched a review of its Turkish retail and corporate banking operations and said it is considering all options, as part of a broader simplification push to exit markets where it is “too small.” While no specific sale or impairment was disclosed, the move signals potential downsizing in Turkey and adds near-term execution uncertainty.
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