Bloomberg News

HSBC Looking at Selling Some of U.S. Housing Portfolio, CEO Says

May 17, 2012

HSBC Holdings Plc (HSBA) is on an “active program” to look at selling parts of its U.S. legacy portfolios, Chief Executive Officer Stuart Gulliver said at an investor day today. The company has had BlackRock Inc. (BLK:US) help them value some of the assets, he said.

To contact the editor responsible for this story: Howard Mustoe at hmustoe@bloomberg.net


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Companies Mentioned

  • BLK
    (BlackRock Inc)
    • $355.91 USD
    • 8.37
    • 2.35%
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