Bloomberg Citigroup Inc is setting up a new hub in Malaga, Spain, where it plans to hire 30 analysts, as part of the banking giant’s efforts to retain staff. The lender hopes the Andalusian city, with more than 8 miles (13 kilometers) of coast line along the Mediterranean Sea, will offer employees a better work-life balance and help curb ...

  Bloomberg HSBC Holdings Plc has agreed to sell its 15 Greek bank branches to Pancreta Bank SA, the latest move by the lender to cut back some of its operations outside of Asia. Subsidiary HSBC Continental Europe has reached an “in-principle agreement to sell its branch operations in Greece,” according to a statement. No financial terms were disclosed and ...

  Bloomberg Standard Bank Group Ltd is in talks with Industrial and Commercial Bank of China (ICBC) to exit the two banks’ UK-based joint venture and focus on growing operations on its home continent. ICBC Standard Bank was created in 2015, when the company sold a 60% stake of its London-based Global Markets business to Chinese giant. The combination sought ...