HSBC Europe to sell Spanish stockbroking firm
11/08/2004 - 16:12:23HSBC Europe said it had agreed to sell its Spanish stockbroking arm HSBC Intermediaros, based in Valencia, to Inversis Banco.
The fee is believed to be €3.5m.
Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world.
HSBC's international network comprises about 10,000 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
