HSBC conducts strategic review of its retail banking and mid-sized enterprise banking businesses in Turkey

Glonghui, July 8 | According to an email statement quoted by Bloomberg, HSBC Holdings continues to divest non-core businesses and will conduct a strategic review of its retail banking and mid-sized corporate banking businesses in Turkey as part of its global streamlining strategy. However, this review does not include its other corporate and investment banking operations in Turkey. HSBC Turkey will evaluate all options for its retail banking and mid-sized corporate clients, but no decision has been made yet.