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HSBC, BNP Paribas plan to cut securities units if they fail

Monday, January 18, 2016 - 05:50

Washington

HSBC Holdings Plc and BNP Paribas SA would ditch their securities units if they were to fail, while American International Group would spin off its non-life insurance divisions.

US regulators gave a glimpse on Friday at how about 125 financial firms propose to wind

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