HSBC to offload its U.K. life insurance unit to Chesnara for 260 million pounds as it sharpens focus on Asia and high-growth ...

Banking titan HSBC has signalled a further scaling back of its European ventures with the divestment of its UK life ...

European banks' stock performance eclipsed that of their US and Asian counterparts by a wide margin in the first half, ...

The deal is expected to boost Chesnara’s scale in the UK, adding approximately £4bn in assets under administration and around ...

HSBC has sold off its life protection division in the UK in what marks the latest step back from European activity.

BNP Paribas agreed with Europe's biggest bank HSBC to acquire the custody and depositary bank business of HSBC Continental ...

London-headquartered HSBC Holdings (HSBC) (HBCYF) said on Friday that the unit HSBC Continental Europe is selling its custody ...

SALE OF CUSTODY BUSINESS IN HSBC GERMANY HSBC Continental Europe has reached an agreement to sell its custody business in Germany to BNP Paribas S.A, Niederlassung ...

HSBC has sold its UK life insurance arm, HSBC Life, to insurance firm Chesnara for £260million Policyholders with HSBC Life ...

HSBC has sold off a major UK division. Banking juggernaut HSBC has marked its latest retreat on European operations after selling its UK life protection arm to insurance firm Chesnara. HSBC have ...

Life and pensions company Chesnara has agreed to buy HSBC's UK life insurance business for 260 million pounds ($355 million) in cash, Chesnara said on Thursday.

European life and pensions consolidator, Chesnara, has announced that it has agreed to acquire HSBC Life (UK) from HSBC Bank plc for a total consideration of £260m ...