2009-01-19 — timesonline.co.uk
"HSBC said that the proposal was unrealistic, as it would hamper the ability of the bank - Europe's biggest - to raise money from American bondholders. A source close to the company said: “If HSBC did this they would be counting themselves out of any future big US bond issue. And they would probably have their US banking licence revoked.†Household has 40 million customers."
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