Reuters:
HSBC set to unveil $18 billion rights issue
Mon Mar 2, 2009 1:37am GMT
More Business & Investing News... LONDON (Reuters) - HSBC (HSBA.L) on Tuesday will launch a rights issue to raise up to $18 billion (13 billion pounds) to shore up a balance sheet showing strain from a sharp rise in bad debt in the United States, people familiar with the matter said.
Full report => http://uk.reuters.com/article/businessNews/idUKTRE52100220090302
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