HSBC Agrees Egypt Retail Sale to Emirates NBD

Transaction reflects HSBC’s global strategy to streamline retail banking while expanding corporate, wealth and cross-border banking. HSBC has agreed to sell its retail banking business in Egypt to Emirates NBD Egypt, marking the latest step in the banking group’s global restructuring as it narrows its retail footprint while strengthening its focus on corporate banking, wealth [...] The post HSBC Agrees Egypt Retail Sale to Emirates NBD appeared first on The Middle East Observer .