HSBC eyes Aviva's Asian assets

Pedro Gonçalves
clock • 1 min read

HSBC is said to have its eyes on fellow British giant Aviva, which is currently assessing the future of its Asian unit. People familiar with the matter say the bank is looking at ways to diversify its business in the region, Bloomberg reports. Plans are currently being drawn up for an offer for at least part of Aviva's Asian business, but are in early stages, the news agency writes, as other potential suitors are also lining up bids. "I am working with the board to refresh Aviva's strategy and we have decided to review the strategic options for our Asian businesses," Aviva's chief exe...

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