HSBC sells US consumer loans for $3.2 billion:

(Reuters) - HSBC Holdings Plc (HSBA.L) has agreed to sell two portfolios of consumer loans in the United States for $3.2 billion in cash as part of a strategy to slim down its U.S. operations. Europe's biggest bank has been looking to sell more than $6 billion worth of U.S. mortgages and other personal loans as part of an accelerated rundown of its troubled U.S. loans book.

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