World.Alpha-News.org ➤ The news of the world is here
HSBC Negotiating Sale of German Fund Administration Unit to BlackFin, Reports Bloomberg News

HSBC Holdings is in advanced discussions to sell its German fund administration business to BlackFin Capital Partners, according to Bloomberg News. The transaction involves HSBC's Inka unit, which manages approximately 400 billion euros in assets. A deal could be finalized in the coming weeks.