GNB Sudameris Snags Latest HSBC Divestment

May 14, 2012

Colombia’s Banco GNB Sudameris has agreed to buy HSBC’s operations in Colombia, Uruguay, Peru and Paraguay, for $400m, HSBC says. HSBC had previously announced it was in talks to sell the assets. Though the Colombian portion is small – 15th in assets...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Which area will be most profitable for investment banks in LatAm in 2016?