HSBC, Ping An executives to discuss breakup proposal in mid-May

May 04, 2022 10:49 PM

SINGAPORE (REUTERS) – HSBC and Ping An executives plan to meet in mid-May to discuss the Chinese insurer’s proposal that the bank should explore strategic options such as spinning off its Asian business, a source familiar with the matter said on Wednesday.

Source : https://www.straitstimes.com/business/companies-markets/hsbc-ping-an-executives-to-discuss-breakup-proposal-in-mid-may