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

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

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 ...

Brazilian bank BTG Pactual announced on Monday it agreed to buy HSBC operations in Uruguay for $175 million, the former ...

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

HSBC said the planned sale of its banking business in Uruguay had collapsed, almost two years after it agreed to sell the business to Banco GNB Sudameris. HSBC, Europe's biggest bank by market value, ...

HSBC, Europe's biggest bank by market capitalisation, did not give a reason for the agreement falling through, but said on Monday that it was exploring alternative options for a sale of the business.

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 ...

Fitch Ratings has taken various rating actions on the Latin America subsidiaries of HSBC Holdings plc (HSBC), following the Dec. 7, 2012 downgrade of HSBC's Long-term Issuer Default Rating (IDR ...

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 ...