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

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

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 ...

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

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, ...

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, 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.

HSBC Uruguay assets at the end of March stood at 62.3 million dollars. It’s the sixth private bank by size in the country. Another bank on sale is Lloyds, which has been in Uruguay since 1863.

HSBC Latin America Holdings (UK) Ltd ('HSBC'), a wholly-owned subsidiary of HSBC Holdings plc, announces that the agreement for the sale of HSBC's bank in Uruguay to Banco GNB Sudameris has ended.

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.

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 ...