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HSBC Acquires Over 4.6 Million Shares from Merrill Lynch
ByAinvest
Sunday, Aug 31, 2025 9:13 pm ET1min read
HSBC Holdings, a leading banking group, acquired over 4.6 million shares from Merrill Lynch. The group's revenues are divided among retail banking and wealth management (42.3%), commercial banking (31.8%), and investment, financing, and market banking (25.9%). As of 2024, HSBC had USD 1,654.9 billion in current deposits and USD 930.6 billion in current credits.
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