HSBC considers overhaul of retail banking business in Egypt

HSBC has announced a strategic evaluation of its retail banking operations in Egypt, as part of its ongoing worldwide restructuring efforts, according to a Reuters report. The bank, which initiated a major overhaul last year, is looking to streamline its international presence and has stated that it “will consider all options for the retail banking business, and no decisions have been made.” It has emphasised the significance of Egypt as a key market with growth prospects. However, the review will be li ...