UBS sees HSBC, peers under pressure to exit some emerging markets
April 13, 2015 at 10:52 AM EDT
SAO PAULO, April 13 (Reuters) - HSBC Holdings Plc is among global lenders facing pressure to exit underperforming businesses in emerging markets nations from Brazil and Mexico to South Korea, creating opportunities for local banks to assert control of their home turf, analysts at UBS Securities said on Monday.