HSBC intends to close the transaction on sale banks to Russian Federation in the first half of the year

The British bank HSBC intends to finish sale businesses to Russian Federation in the first half of 2023, is spoken in annual reportings, published on its site. The loss from planned sales Russian "banks" is estimated by HSBC at €300 million "on June 30, 2022, after the strategic review of ours businesses to Russian Federation, HSBC Europe ("daughter" of HSBC Holdings plc) concluded the agreement on the planned sale the affiliated companies "HSBC bank". The transaction is subject to approval by regulators and the government, and its end is expected in the first half of the year 2023" — is spoken in the report (.pdf) of HSBC. In July...