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HSBC to offload Greek brokerage unit

By Benjamin Chiou

Date: Thursday 07 Jun 2012

Global banking group HSBC is to sell its Greek equities broking business to its management for an undisclosed sum.

HSBC Bank has entered into an agreement to offload HSBC Securities to a group of investors led by the unit’s Managing Director Nikos Pantelakis.

The business...

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