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Reuters: HSBC set to unveil $18 billion rights issue, profit dip

Started by chris, March 02, 2009, 06:59:11 AM

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HSBC set to unveil $18 billion rights issue, profit dip
      
   
      


LONDON (Reuters) - HSBC will on Monday launch a rights issue to raise up to $18 billion 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.<div class="feedflare">
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