Unions Say HSBC Considers Sale of French Unit -Reuters
September 17 2019 - 02:56PM
Dow Jones News
--Six French unions said HSBC is considering a sale of part or
all of its French unit, Reuters reports Tuesday.
--The unions issued their statement after a meeting with Jean
Beunardeau, HSBC France's chief executive, the report said.
--HSBC is also conducting a strategic review of its French
retail operations, the report said, citing the unions.
--HSBC couldn't immediately be reached for comment and in the
past has declined to comment when asked about a sale of its French
operations, the report said.
Full story:
https://www.reuters.com/article/us-hsbc-france-jobs/hsbc-has-started-strategic-review-of-french-retail-operation-unions-idUSKBN1W223S
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 17, 2019 14:41 ET (18:41 GMT)
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