HSBC Lebanon is in negotiations with staff members before deciding which bank will acquire its Lebanese operation . The bank’s shareholders’ equity grew by 7.7 percent from end-2013 to $66.5 million at the end of 2014. With nearly 400 managers and staff in Lebanon , HSBC isdiscussing its negotiations with employees with the acquisition set to be cancelled if the management can not reach agreements with staff members . BLOM , Bank Audi and Byblos Bank have all made bids for the bank with an acquisition expected to cost up to $ 100 m .
HSBC Lebanon is in negotiations with staff members before deciding which bank will acquire its Lebanese operation . With nearly 400 managers and staff in Lebanon , HSBC isdiscussing its negotiations with employees with the acquisition set to be cancelled if the management can not reach agreements with staff members . BLOM , Bank Audi and Byblos Bank have all made bids for the bank with an acquisition expected to cost up to $ 100 m .