Reuters: HSBC in $18 billion rights issue, retreats from U.S.

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HSBC in $18 billion rights issue, retreats from U.S.
      
   
      

LONDON (Reuters) - HSBC launched Britain's biggest rights issue, raising 12.85 billion pounds ($18.1 billion) on Monday to help it overcome big losses in the United States and exploit the woes of weaker rivals.<div class="feedflare">
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