HONG KONG (Reuters) - HSBC Holdings Ltd
HSBC will seek regulatory approval to close its retail branches in South Korea. That leaves behind its global banking and markets business, which serves corporate clients.
The decision comes as part of HSBC's global review which has seen it close or dispose of 52 businesses worldwide since May 2011, the bank said.
(Reporting by Lawrence White; Editing by Ryan Woo)
(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp