HSBC opens in Apple’s hometown, plans 50 new US branches
US division plans expansion of bank network as it opens in Cupertino, California
17 June 2019 - 18:49
Bengaluru — The US arm of HSBC Holdings announced plans on Monday to expand its branch network by about a quarter as it opened a new location in Apple’s home town of Cupertino, California.
The move by Europe’s biggest lender by assets comes as it plans a broader strategic shift to try to improve performance in the US at a time when many lenders are retrenching...
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