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    HSBC acquired BTL from BofA for $20 billion. BTL is a UK based building society. We can say that HSBC acquired the company because it has a reputation for excellence in banking in the UK. The acquisition made HSBC a major player in the UK retail market, as it now owns a dominant position in this sector. HSBC already had a considerable presence in the UK retail market, with branches, ATMs, and other services, but acquiring BTL means that it will have a strong

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    1. The purpose of this case study is to analyze the HSBC bank’s acquisition of Bank Bital. 2. Background of HSBC: HSBC is one of the largest financial institutions in the world with presence in 68 countries and over 4,400 branches. Get More Info The bank operates in different business segments such as banking, asset management, insurance, and investment banking. The bank has more than 7 million customers across the globe. 3. HSBC Bank B