{"id":42037,"date":"2022-07-07T09:59:36","date_gmt":"2022-07-07T06:59:36","guid":{"rendered":"https:\/\/www.ukrgate.com\/eng\/?p=42037"},"modified":"2022-07-07T09:59:40","modified_gmt":"2022-07-07T06:59:40","slug":"reuters-hsbc-is-in-talks-to-sell-its-russian-unit","status":"publish","type":"post","link":"https:\/\/www.ukrgate.com\/eng\/?p=42037","title":{"rendered":"Reuters: HSBC is in talks to sell its Russian unit"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">HSBC Bank is negotiating the sale of its Russian division to the local Expobank.\u00a0Reuters informs about this with reference to its own sources,\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>KYIV. UkraineGate. 7. \u00a0July . 2022 | World News.\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Quote<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;HSBC is negotiating the sale of its Russian corporate lending business to Expobank,&#8221; the report said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Details<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The chief financial officer of HSBC, Even Stevenson, said that on the eve of February 24, about 200 people worked in the Russian department.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So far, Russian Expobank has refused to comment on the negotiations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reuters notes that several of the world&#8217;s leading financial services companies have decided to sell or drastically reduce their business interests in Russia after it invaded Ukraine.\u00a0Among other banks, France&#8217;s Societe Generale sold its unit to oligarch Volodymyr Potanin, while Italy&#8217;s UniCredit is exploring options for the future of its Russian business, which employs about 4,000 people.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source<\/strong>:\u00a0<strong>Ukrgate<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC Bank is negotiating the sale of its Russian division to the local Expobank.\u00a0Reuters informs about this with reference to its own sources,\u00a0 KYIV. UkraineGate. 7. \u00a0July . 2022 | World News.\u00a0 Quote &#8220;HSBC is negotiating the sale of its Russian corporate lending business to Expobank,&#8221; the report said. Details The chief financial officer of [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":42052,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10474],"tags":[11323,813,996,2399,1000,1024,1064,1091,1854],"class_list":["post-42037","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world-news","tag-reuters","tag-russia","tag-ukraine","tag-ukraine-gate","tag-ukraine-news","tag-ukrgate","tag-war","tag-world","tag-world-news"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/42037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42037"}],"version-history":[{"count":1,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/42037\/revisions"}],"predecessor-version":[{"id":42056,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/42037\/revisions\/42056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/media\/42052"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}