HSBC linked with Marsh
Marsh has been linked with buying HSBC Insurance Brokers.
Marsh has been linked with buying HSBC Insurance Brokers, the ninth largest broker in the UK with revenues of around £150m and 16 regional branches. HSBC celebrated its 200th anniversary last year and its chief executive officer, Philip Gregory, was formerly Marsh's chief operating and financial officer for Europe, the Middle East and Africa. The broker gains recommendations from its banking arm for small and medium-sized enterprise and private clients but its main focus is on businesses
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