Asia’s Biggest Banks Line Up Bids for HSBC Indonesia Assets

Some of Asia’s biggest banks are working on bids for HSBC Holdings Plc’s retail assets in Indonesia, according to people familiar with the matter, helping them to forge ahead in...

By Manuel Baigorri, Elffie Chew, Hideki Suzuki, Chanyaporn Chanjaroen · Bloomberg Markets

Some of Asia’s biggest banks are working on bids for HSBC Holdings Plc’s retail assets in Indonesia, according to people familiar with the matter, helping them to forge ahead in Southeast Asia’s largest economy.