Brazilian bank BTG Pactual on Monday said it will snap up HSBC's operations in Uruguay for $175 million, marking its first ...

Brazilian bank BTG Pactual has acquired the Uruguayan operations of British bank HSBC for US$175 million, marking BTG Pactual ...

Banco BTG Pactual SA, Latin America’s largest independent investment bank, agreed to buy HSBC Holdings Plc’s operations in ...

After the acquisition, BTG Pactual plans to offer services in retail banking, corporate and SME lending, investment banking, ...

BTG Pactual to acquire HSBC’s Uruguay unit for $175 million, entering the Spanish-speaking market. Deal expands BTG’s Latin America footprint with retail, corporate, and wealth services. Move aligns ...

HSBC has exited several countries in Latin America as part of a retreat from countries where it lacked scale or was unprofitable, sometimes due to higher regulatory costs. The bank did not say how ...

The potential sale, managed by Citi, could attract local lenders seeking to expand their credit card offerings.

Fitch Ratings has affirmed HSBC Bank (Uruguay) S.A.'s ratings as detailed at the end of this release and revised the Rating Outlook on its foreign and local currency long-term Issuer Default ...

HSBC had 62 branches across the fourcountries covered in the deal, including 11 in Uruguay. It hadbeen expected to complete the Uruguay sale in the first quarterof 2013.

March 31 (Reuters) - HSBC Holdings Plc said anagreement to sell its banking business in Uruguay to Banco GNBSudameris had ended. HSBC, Europe's biggest bank by market capitalisation, didnot give a ...

HSBC agreed in May 2012 to sell its operations in Colombia, Paraguay, Peru and Uruguay for $400 million to Banco GNB Sudameris, a financial group controlled by Grupo Gilinski, a family of ...