HSBC is unlikely to be the only big bank sponsor of structured investment vehicles to pull the entities on to its balance sheet, accounting experts said on Tuesday.
There were suggestions that the UK bank’s actions could trigger a “race to the top”.
SIV sponsors could follow HSBC’s lead
By Jennifer Hughes in London
Published: November 27 2007 22:55 | Last updated: November 27 2007 22:55
You have viewed your allowance of free articles. If you wish to view more, click the button below.
