Despite a commitment to “aggressive” growth, HSBC’s dreams for the Russian retail banking market ended Monday with a tacit acknowledgement by the bank that it could not compete against state-owned heavyweights like VTB and Sberbank.
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Expatica news
Expatica news
Despite a commitment to “aggressive” growth, HSBC’s dreams for the Russian retail banking market ended Monday with a tacit acknowledgement by the bank that it could not compete against state-owned heavyweights like VTB and Sberbank.