Latest Intelligence on Capital Raising in North America

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Type Product title / description Pub Price
CommentWire
CommentWire

HSBC rights issue: much to be positive about

The long list of banks raising new money in the current crisis has been joined by HSBC, with the announcement of a GBP12.5 billion cash call. What singles the company's money-raising exercise out from the others is less the scale of the operation than the fact that it is acquiring cash in the traditional way, pointing not just to the bank's strength, but to fledgling faith in the banking industry.

Published By Datamonitor
10 Mar 2009

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