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One of the curiosities thrown up by the awards research process in Latin America was that HBSC is winning new corporate banking relationships with multilatinas based in markets such as Colombia and Peru.
HSBC’s global leadership say that, despite the fact it no longer has full banking licences in these markets, they are actually improving revenues in traditional corporate relationship banking areas, such as cash management, trade finance and FX flows. HSBC naturally ascribes this to its own prowess.
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