HSBC is looking for buyers for three of its largest offices in London, New York and Paris as part of a global asset sell-off in an effort to secure fresh funding. Only last week, the bank completed the UK’s biggest-ever rights issue, raising £12.5bn and further distancing itself from many of its rivals that have had to rely on government support.

This entry was posted by Gwen Robinson on Tuesday, April 14th, 2009 at 4:08 and is filed under Capital markets. Tagged with hsbc. Edit this entry.