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HSBC to Wind Down Business Banking Unit in US
pymnts.com/news/banking/2025/hsbc-to-wind-down-business-banking-unit-in-us
HSBC is reportedly winding down its business banking unit in the U.S. as it sharpens its focus on other markets.
As it disbands the business banking unit, which served small and medium-sized businesses (SMBs) in the U.S., the bank laid off 40 employees earlier this week and notified the…
This story appeared on pymnts.com, 2025-05-30 18:37:43.