Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

HSBC eyes Additional Tier 1 market

Thu, 21st Nov 2013 14:45

By Helene Durand

LONDON, Nov 21 (IFR) - HSBC is planning to raise USD15-20bnof Additional Tier 1 capital in the coming years despitemisgivings as it seeks to meet new regulatory requirements,Alain Stangroome, head of group capital planning at HSBC said.

Speaking at the Thomson Reuters capital conference in Londonon Thursday, Stangroome said he would have opted for preferenceshares, but AT1 bonds were now part of the (bank) capitallandscape.

Related Shares

More News
21 Jun 2024 10:26

ABN Amro nears deal to buy HSBC's German private bank, Boersenzeitung says

FRANKFURT, June 21 (Reuters) - Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth manageme...

21 Jun 2024 09:54

ABN Amro nears deal to buy HSBC's German private bank, Boersenzeitung says

FRANKFURT, June 21 (Reuters) - Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth manageme...

18 Jun 2024 13:31

HSBC Swiss unit breached money laundering rules, says watchdog

(Sharecast News) - Switzerland's financial watchdog said HSBC's private bank in the country had breached its obligations in the prevention of money la...

17 Jun 2024 22:30

UK's Labour pledges to plug gaps left by bank branch closures

LONDON, June 17 (Reuters) - Britain's Labour Party said on Monday it would give regulators new powers to significantly increase the number of 'banki...

17 Jun 2024 09:33

LONDON BROKER RATINGS: Goldman Sachs cuts SSP Group to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.