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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CourtsBusinessHeathrowPlace: Hong KongPlace: LondonPerson: Michael GeogheganPerson: GeogheganOrganisation: HSBCOrganisation: Financial TimesOrganisation: FTOrganisation: Lloyds Banking GroupOrganisation: Royal Bank of Scotland
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