Markets
HSBC Buys More U.S. Bancorp Shares, Boosting Stake
HSBC Holdings PLC has significantly increased its stake in U.S. Bancorp (USB), raising its position by 11.4% during the fourth quarter.

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- HSBC Holdings PLC has significantly boosted its stake in U.S. Bancorp.
- The increase is attributed to a 11.4% rise in shares held during the fourth quarter.
- This investment comes as part of HSBC's strategy to diversify and expand into new financial markets.
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