Monday, February 23, 2009

HSBC considers $20bn cash call from investors

HSBC chief executive, Michael Geoghegan, is expected to meet with key institutional investors in the Square Mile this week to gauge support for any cash call ahead of the bank’s full year results next Monday.

Meanwhile, later this week, Royal Bank of Scotland (RBS) will confirm the biggest loss in British corporate history when it reports results on Thursday....

Read more HSBC considers $20bn from investors

Source: independent.co.uk

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