LSE:HSBABanks
HSBC (LSE:HSBA) Weighs Turkey Exit As It Joins New Swift Payments Push
HSBC Holdings is in early talks to sell its Turkish unit to Emirates NBD, according to recent reports.
The potential exit from Turkey would continue HSBC's efforts to reshape its international footprint.
HSBC is also joining a new Swift global standard for consumer cross border payments aimed at faster and more transparent transfers.
HSBC Holdings (LSE:HSBA) is drawing attention as it weighs a sale of its Turkish operations while taking part in a revamp of international consumer payments...