Lloyds: ‘We don’t want to be HSBC-style capital heroes’

HSBC’s sale of a $3.4bn tier one bond last week is an "elegant" solution to incoming capital regulations, but few others are likely to dive in before the new rules are clarified, said a Lloyds funding official sitting on a bank finance panel at the Euromoney Global Borrowers & Investors Forum in London on June 22.