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The transaction, the financial details of which were not immediately known, will also see Asia-focussed HSBC taking over "a few hundreds" of Citi's China-based staff, said one of the sources.
The deal could be announced as soon as next month, the two sources said, who could not be named as they were not authorised to speak to the media.
Publisher: Reuters
Date: 2023-09-28T14:25:31Z
Author: Selena Li
Twitter: @Reuters
Reference: (Read more) Visit Source
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