HSBC to complete mammoth AT1 funding task in home market

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HSBC to complete mammoth AT1 funding task in home market

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One pound coin on fluctuating graph. Rate of the pound sterling (shallow DOF) | VALERIYA POTAPOVA/Valerie Potapova - stock.adobe.com

Having said that it would raise $5bn-$7bn of additional tier one paper this year, HSBC was set to hit this target by selling its first ever issue in its home market on Thursday.

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