HSBC in talks to sell German fund administration unit to BlackFin, Bloomberg News reports
Published by Global Banking & Finance Review®
Posted on March 19, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 19, 2025
1 min readLast updated: January 24, 2026
HSBC is nearing a deal to sell its German fund administration business to BlackFin Capital, managing €400 billion in assets. The agreement could be finalized soon.
(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)
The main topic is HSBC's potential sale of its German fund administration unit to BlackFin Capital.
BlackFin Capital, a private-equity firm, is in talks to purchase the unit.
The Inka unit manages approximately €400 billion in assets.
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