06:42 AM EDT, 08/20/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) is considering a sale of its South African banking and securities businesses, Bloomberg News reported Tuesday, citing people with knowledge of the matter.

The potential sale has attracted interest from banks in Africa as well as China and the United Arab Emirates, but no deal may be reached in the end, the report said.

HSBC ( HSBC ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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