HSBC beefs up China green finance, bonds teams in funds push

HSBC beefs up China green finance, bonds teams in funds push

FILE PHOTO: A Chinese national flag flies in front of HSBC headquarters in Hong Kong, China, July 28, 2020. REUTERS/Tyrone Siu

HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe’s biggest bank presses on with expansion in the country despite geopolitical tensions.

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