HSBA Hsbc Holdings Plc

638.70

-5.90 (-0.92%)

Last Updated: 12:56:53

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Hsbc Holdings Plc	LSE:HSBA	London	Ordinary Share	GB0005405286	ORD $0.50 (UK REG)

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-5.90	-0.92%	638.70	638.60	638.80	639.90	633.80	635.50	7,268,299	12:56:53

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Offices-bank Holding Company	65.91B	23.53B	1.2338	22.96	540.38B

Greece's NBG Appoints Advisors For Turkish Unit Stake Sale

11/11/2010 3:40pm

Dow Jones News

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National Bank of Greece SA (NBG), the country's largest lender, said Thursday it has appointed six investment banks to act as advisors on the sale of a stake in its Turkish unit.

"The team of advising banks includes Credit Suisse (CS), Deutsche Bank AG (DB), Morgan Stanley (MS), Bank of America Merrill Lynch (BAC), Goldman Sachs International (GS) and HSBC (HBC)," NBG said in a statement.

After NBG successfully raises EUR1.8 billion of capital, it intends to raise about EUR1 billion for the sale of an up to 20% stake in Finansbank (FINBN.IS).

"The public tender may include issuing new shares as well as the sale of existing shares and will be completed as soon as market conditions and regulatory approvals allow," NBG added.

The bank emphasised that it would retain at least 75% of its Turkish unit.

-By Nick Skrekas, Dow Jones Newswires; +30 210 2830685; nick.skrekas@dowjones.com