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Maroc Maroc - CDE.NEWS - A la Une - 10/Sep 10:00

HSBC weighs commercial, investment bank merger to shed costs

HSBC is mulling the combination of its Commercial and Investment banking divisions to eliminate overlapping roles at the lender and cut costs, Bloomberg News reported, citing people familiar with the matter. The combined division would become the bank’s largest revenue generator, contributing about $40 billion to the lender’s revenue annually, the report added. No final […]

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