tiprankstipranks
HSBC, Barclays, Standard Chartered look to tap into boom in U.S., Reuters says
The Fly

HSBC, Barclays, Standard Chartered look to tap into boom in U.S., Reuters says

HSBC (HSBC), Barclays (BCS), and Standard Chartered (SCBFF) are looking to tap into a boom in U.S. commercial banking as corporate America seeks expertise for international expansion plans, Lawrence White and Sinead Cruise of Reuters reports. This push to expand in the U.S. comes after British banks began scaling back in Europe in recent years, amid struggles to convince domestic corporate clients to buy more of their services.

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App