HSBC’s Capital Need Could Reach $119 Billion By 2019Mani
According to a recent report from Forensic Asia, HSBC Holdings plc (ADR) (NYSE:HSBC) could need new capital between $58.3 billion and $110.6 billion to comply with the 2019 Basel III milestone.
Thomas J. Monaco and Andrew Haskins of Forensic Asia in their recent coverage assigned a Sell rating to HSBC.
Basel III milestone
According to the Forensic Asia analysts . . .
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