Core systemic indicators at HSBC blinked higher in 2020
Underwriting indicator increased over 30%
UK bank HSBC disclosed increases to six of its 11 systemic indicators over the year to end-2020, with underwriting activity surging most of all – by 30% to $283.3 billion.
The firm’s annual global systemically important bank (G-Sib) disclosure, published on April 30, showed that the vast majority of this – $268.3 billion worth – was in the form of debt underwriting, and just $15.3 billion in
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