|Bid||29.53 x 4000|
|Ask||29.64 x 800|
|Day's range||29.53 - 29.96|
|52-week range||17.95 - 32.43|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||20.18|
|Forward dividend & yield||0.75 (2.43%)|
|1y target est||32.93|
LONDON/PARIS (Reuters) -HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3 billion for the British bank but end its long struggle to dispose of the business as it focuses on Asia. The deal announced on Friday sees HSBC take another significant step in a wider retreat from slow-growing European and North American markets where it has struggled against larger domestic players. The deal will see My Money acquire HSBC's 244 branches, around 3900 staff and 24 billion euros in assets, creating at a stroke what My Money described as a new challenger bank in France's crowded retail banking landscape.
A UBS survey of UK and European senior leaders found a rising proportion want to get staff back to the office full-time.
Kristo Kaarmann, Wise's chief executive and co-founder, spoke to Yahoo Finance UK about his business's plans to go public through a direct listing in London.