HSBC Continental Europe: Difference between revisions

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HSBC France had seven regional subsidiaries with 420 branches, but sold them to [[Banque Populaire]] in 2008. These regional subsidiaries were [[Société Marseillaise de Crédit]], [[Banque de Savoie]], [[Banque Chaix]], [[Banque Marze]], [[Banque Dupuy]], [[Banque de Parseval]], [[Banque Pelletier]] and [[Crédit Commercial du Sud Ouest]].
 
In December 2020, HSBC France rebranded to "HSBC Continental Europe" along with all HSBC European branches (Belgium, Spain, Greece, Ireland, Italy, Luxembourg, the Netherlands, Poland, Czechia and Sweden). The move was expected to create "a modernized universal banking model" and provide "a new momentum to its European operations".<ref>{{Cite press release|url=https://www.hsbc.fr/en-fr/a-vos-cotes/hsbc-france-devient-hsbc-continental-europe/|title= HSBC France is now HSBC Continental Europe|publisher=HSBC France|date=2020-12-01|accessdate=2021-06-08|language=en}}</ref><ref>{{Cite press release|url=https://www.about.hsbc.fr/-/media/france/fr/news-and-media/201201-communiqu-de-presse-tude-navigator-hsbc-01112020.pdf|title=Enquête mondiale HSBC Navigator 2020|publisher=HSBC France|date=2020-12-01|accessdate=2021-06-08|language=fr-fr}}</ref>
 
In March 2021 it was reported that HSBC France was in talks to sell its retail division to [[Cerberus Capital Management]].<ref>{{Cite web|title=HSBC in Final Talks to Sell French Retail Unit to Cerberus|url=https://finance.yahoo.com/news/hsbc-final-talks-sell-french-120212565.html|access-date=2021-03-19|website=finance.yahoo.com|language=en-US}}</ref><ref>{{Cite news|last=Clark|first=Simon|date=2021-03-17|title=HSBC in Talks to Sell French Retail Bank to Cerberus|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/hsbc-in-talks-to-sell-french-retail-bank-to-cerberus-11615999984|access-date=2021-03-19|issn=0099-9660}}</ref>