Text: | Print|

StanChart to sell HK unit

2014-09-24 13:56 Global Times/Agencies Web Editor: Qin Dexing

Standard Chartered is in advanced talks to sell its Hong Kong consumer finance business to finance firm Pepper Australia Pty Ltd in a deal that could fetch between $500 million and $700 million, people familiar with the deal said Tuesday.

Standard Chartered is sharpening its focus on global corporate banking and high net worth clients, Reuters said.

Comments (0)
Most popular in 24h
  Archived Content
Media partners:

Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.