HSBC may sell three office buildings

Europe's largest bank, HSBC Holdings, confirmed yesterday it was considering selling three of its major office buildings and said it had received interest from potential buyers.

HSBC, which recently raised nearly $19 billion in a rights issue, said it may sell and lease back office buildings in New York, Paris and London, including its headquarters at Canary Wharf.

London's Sunday Telegraph reported that HSBC was considering selling three of its biggest office buildings to raise 2.7 billion pounds ($3.98 billion).