Hsbc Chairman Warns On Excessive Lending

Daily MailJune 29, 2007

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Summary


HSBC chairman Stephen Green is the latest banker to voice concerns about spiralling corporate lending. He has warned that too much debt and the easy availability of loans could 'all end in tears' when a big deal finally goes wrong.

In what seems to be an attack on debtladen private equity buyouts, Green said he was 'worried by the degree of leverage in some big ticket transactions'.

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Hsbc Chairman Warns On Excessive Lending

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