As plans go, the suggestion that HSBC Holdings list its U.K. arm is a bit of a head-scratcher. The bank could float a stake of up to 30% to create a separately listed entity worth around �20 billion ($32.7 billion), estimates Espirito Santo.
Why HSBC is unlikely to spin off its UK business
HSBC latest giant to consider breaking itself up as it weighs up stock ...
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