Mergers and acquisitions

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HSBC sells US card business to Capital One

/Mergers and acquisitions

HSBC sells US card business to Capital One

HSBC has agreed the sale of its US card and retail services business to Capital One for a premium of approximately $2.6 billion.

E*Trade bows to Citadel and ditches Morgan Stanley

/Mergers and acquisitions

E*Trade bows to Citadel and ditches Morgan Stanley

Bowing to pressure from Citadel, its largest shareholder, online brokerage E*Trade has fired Morgan Stanley and brought in Goldman Sachs to conduct the strategic review that could see it sold off.

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