HSBC turns to shareholders

Link to the article: Channel 4

Last Modified: 02 Mar 2009
By: Bridgid Nzekwu

HSBC, one of the few banks to survive the credit crunch intact, turns to its shareholders for an extra £12.5bn.

Unlike most of its competitors, the bank made a profit last year - and with its relatively strong balance sheet, it's been able to take over a big chunk of Britain's mortgage market.



Interview: stockbroker