BNP Paribas, HSBC
BNP Paribas signs deal to buy HSBC private banking unit in Germany
BNP Paribas BNPP.PA has signed a deal to buy HSBC's private banking unit in Germany as it continues to expand its footprint in wealth management, the French lender said on Monday.
HSBC sells German private banking business to BNP Paribas
A deal has been agreed by HSBC Continental Europe to sell its private banking division to BNP Paribas in Germany. The possible deal is contingent upon receiving the necessary government clearances and the resolution of discussions with the German Works Council.
HSBC Deutschland verkauft Private-Banking-Geschäft an BNP
Die Konsolidierung im deutschen Wealth Management setzt sich fort. HSBC Deutschland will jetzt ihr Private-Banking-Geschäft an BNP Paribas verkaufen. Erst vor kurzem hatte ABN Amro die Übernahme von Hauck Aufhäuser Lampe bekanntgegeben.
BNP Paribas to buy HSBC’s German private banking arm
BNP Paribas has agreed to buy the private banking operations of HSBC in Germany as it accelerates its expansion drive in a deal that will grow its exposure to wealthy entrepreneurs in Europe’s biggest economy.
BNP Paribas Expands Wealth Management With HSBC Deal
BNP Paribas acquires HSBC’s German private banking unit, boosting assets under management to €40bn, enhancing its eurozone wealth management
HSBC to Divest German Private Banking Business to BNP Paribas
HSBC announces an agreement to sell its Germany-based private banking business to BNPQY. This is part of its plan to focus on the Asia region.
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