HSBC (HBC -1%) is said to be in the early stages of evaluating a bid for South Africa's Nedbank...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

HSBC (HBC -1%) is said to be in the early stages of evaluating a bid for South Africa's Nedbank (NDBKY.PK) that would cost several billion pounds. A deal would help HSBC build its presence in Africa's largest economy.