LONDON, Aug 5 (Reuters) - HSBC expects to sell moreportfolios of U.S. loans to accelerate the run-off of itsconsumer loan book there, its chief executive said on Monday.
"There are a couple of transactions we are working on," CEOStuart Gulliver told reporters on a conference call.
The bank sold two portfolios of U.S. consumer loans for $3.2billion in March, and said the U.S. loan book was $36 billion atthe end of June, down $10 billion from a year ago.