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HSBC Holdings plc’s Brazilian Exit Is Good News For Shareholders!

We know that HSBC (LSE: HSBA) is looking to shrink and refocus its global footprint, and the $5.2 billion sale of its Brazilian unit is clearly a decently-sized step towards that goal, even for a banking behemoth. Better still, there’s a lot to like about the deal.

Elsewhere in the market, the Fool's experts believe sales could treble in just five years at this e-commerce stealth attack whose maverick CEO may have been underestimated by the City. For more free information on this daring buy, click here now.

 

Owain Bennallack owns shares in HSBC. The Motley Fool UK has recommended HSBC Holdings. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.