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HSBC plans to continue investment in emerging markets and US Hispanic market From: iht.com
Tagged: EuropePosted on: June 3rd, 2008
HSBC Holdings PLC, Europe’s biggest bank, said Friday it plans to continue to invest primarily in fast-growing emerging markets where it expects “reasonable growth” this year against a weaker outlook for the United States and Europe.
However, Chairman Stephen Green also said that HSBC would invest further in the United States, particularly in markets that target Hispanic customers, despite criticism from some investors about its exposure to the U.S. subprime crisis.”*
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Filed Under: Business, Business News
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