Business & Finance
HSBC to sell US credit card business to Capital One
HONG KONG : HSBC announced Wednesday that it is to sell its United States credit card and retail services business to
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"HSBC is pleased to be working with Capital One on this transaction, given its strong commitment to maintaining relationships with HSBC's customers," the British-based lender's group chief executive Stuart Gulliver said in a statement.
Copyright AFP (Agence France-Presse), 2011
Copyright APP (Associated Press of Pakistan), 2011