![UK bank ring-fencing & why it's making HSBC plan to spin off its UK retail banking arm – Private equity/M&A – structuring, accounting & valuations UK bank ring-fencing & why it's making HSBC plan to spin off its UK retail banking arm – Private equity/M&A – structuring, accounting & valuations](https://lightbulbmoment776997292.files.wordpress.com/2020/12/smartselect_20201231-071320_drive.jpg?w=1024)
UK bank ring-fencing & why it's making HSBC plan to spin off its UK retail banking arm – Private equity/M&A – structuring, accounting & valuations
![UK bank ring-fencing & why it's making HSBC plan to spin off its UK retail banking arm – Private equity/M&A – structuring, accounting & valuations UK bank ring-fencing & why it's making HSBC plan to spin off its UK retail banking arm – Private equity/M&A – structuring, accounting & valuations](https://lightbulbmoment776997292.files.wordpress.com/2020/12/pexels-photo-951408.jpeg?w=1400)
UK bank ring-fencing & why it's making HSBC plan to spin off its UK retail banking arm – Private equity/M&A – structuring, accounting & valuations
![A Chinese spin-off would ring-fence HSBC's golden goose amid US-China tensions | South China Morning Post A Chinese spin-off would ring-fence HSBC's golden goose amid US-China tensions | South China Morning Post](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2022/05/05/d42fd277-191c-4ff0-976a-0035571557d7_06d001d7.jpg)