In recent weeks, the banking sector in Malta has been rocked by reports of HSBC’s planned exit from the island. HSBC Malta, which has had a significant presence in the country for decades, revealed last week that it was in discussions with multiple bidders regarding the sale of its 70.03% stake, currently held by HSBC Continental Europe. The potential buyer that has emerged in the bid is APS Bank, which promptly announced that it had submitted a formal offer to acquire HSBC’s shareholding in its Malta-based operation. This announcement has left many......

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