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MWM

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MWM

Re: None

Sunday, 02/22/2009 10:58:41 AM

Sunday, February 22, 2009 10:58:41 AM

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Sources close to HSBC, Europe’s biggest bank, have refused to rule out tapping its investors for new capital, amid speculation that it is considering a $20bn (£14bn) rights issue. HSBC chief executive, Michael Geoghegan, is expected to meet with key institutional investors in the Square Mile this week to gauge support for any cash call ahead of the bank’s full year results next Monday, writes the Independent on Sunday.

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