HSBC spokesperson David Hall from Hong Kong told FinanceAsia that, in the event of a deal, it is envisaged that KEB will retain its existing listing and name. Protection of employment at the Korean bank will also be a significant factor.
Sources close to the development suggest that it is too early for euphoria and that the HSBC statement confirming the talks should not be construed as suggesting that a deal is imminent. They say...
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