HSBC 'no decision' on Bao Viet
Europe's largest bank HSBC says it is 'reviewing its options' over a sale of its stake in Vietnamese insurance firm Bao Viet Holdings.
Europe's largest bank HSBC says it is 'reviewing its options' over a sale of its stake in Vietnamese insurance firm Bao Viet Holdings.
Currently HSBC holds an 18% stake in the high profile company but press reports have suggested it is being considered for disposal.
HSBC says: "no decision has been made yet".
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The bank is currently facing pressure in the US over alleged money laundering transactions for drug gangs in Mexico and terrorist affiliates in the Middle East.
BS
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
8 of the best houses for sale with tennis courts
The best houses for sale with tennis courts – from a period property in Dumfries and Galloway with two islands on the River Dee, to a house in Cumbria with a 1977 En Tout Cas tennis court
-
Review: Eden Roc Cap Cana – fun, sun and golf in the Caribbean
Travel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course