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Home > Finance > HSBC in talks to sell German fund administration unit to BlackFin, Bloomberg News reports

Finance

HSBC in talks to sell German fund administration unit to BlackFin, Bloomberg News reports

Published by Global Banking and Finance Review

Posted on March 19, 2025

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(Reuters) - HSBC Holdings is in advanced talks to sell its German fund administration business to private-equity firm BlackFin Capital Partners, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.

The deal for HSBC's Inka unit, which has about 400 billion euros ($435.16 billion) of assets under administration, could be reached as soon as the coming weeks, the report said.

($1 = 0.9192 euros)

(Reporting by Shanima A in Bengaluru; Editing by Shilpi Majumdar)

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