Saturday, Feb 28, 2009
Et tu, Brute?
Telegraph: HSBC to launch record $20bn share issue
HSBC is preparing to raise around $20bn (£13bn) from shareholders in a fundraising to be announced alongside its full-year results on Monday.
Posted by peter_2008 @ 11:49 AM (443 views) Add Comment
2 Comments
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1. Affordablehousing said...
Isn't this what Bradford and Bingley did last year.
Flap around trying to raise money the same way HSBC is doing now.
Looks like the big and mighty HSBC along with Santander and others are not too steady on their feet
as they would have us believe.
All to do with confidence....
People are starting to lose theirs in HSBC.
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