HSBC Holdings PLC HSBC plans to close its credit card operations in China as it faces challenges to achieve growth and profitability in the region. This was reported by sources with knowledge of the ...
HSBC Holdings PLC (GB:HSBA) has reportedly exited its credit card business in China after facing challenges in achieving growth after eight years of launch. According to Reuters, the bank has halted ...
--HSBC Holdings is planning to close its credit card unit in China after failing to sell the unprofitable business, Reuters reports citing unnamed sources. --The bank, which is still finalizing plans, ...
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