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HSBC reviews Turkish banking business for possible sale

HSBC said on Tuesday it had launched a review of its Turkish retail and corporate banking business ​and was considering all options, as part of ​its global drive to simplify its business and ⁠exit markets where it considers itself too small.

The review ​does not include wholesale banking activities such as investment ​banking, the British lender said.
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Asia-focused HSBC has been exiting markets where it is sub-scale or less-profitable, following a strategic review launched ​… [801 chars]

Source: Reuters | Published: 2026-07-07T09:15:30Z

Credit: Reuters

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