The UK lender is likely to retain its commercial banking operations in Australia to serve its corporate clients globally. — Bloomberg
SYDNEY: HSBC Holdings Plc is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further slim down its operations, according to people with knowledge of the matter.
The UK lender is likely to retain its commercial banking operations in Australia to serve its corporate clients globally, one of the people said, who asked not to be identified as information is private.
