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HSBC chief fears second slump

HSBC boss Michael Geoghegan has delayed expansion plans because of concerns over a second downturn, it was reported today.

HSBC chief fears second slump

Mon, 05 Oct, 2009 - 08:32

HSBC boss Michael Geoghegan has delayed expansion plans because of concerns over a second downturn, it was reported today.

Mr Geoghegan told The Financial Times he was concerned about “growing too fast” before the recovery had fully taken hold.

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