HSBC adds over 300 to China headcount after Citi wealth acquisition
HONG KONG, June 11 (Reuters) – HSBC (HSBA.L), opens new tab said on Tuesday it had boosted its headcount in China by more than 300, as the Asia-focused lender completed the acquisition of Citigroup’s (C.N), opens new tab consumer wealth portfolio in the world’s second-largest economy.
The portfolio of investment assets and deposits and clients across 11 major cities in mainland China has also been integrated into HSBC as part of the acquisition of the business, the London-headquartered bank said.
Source: REUTER