Bank Boss Warns That Worst of Recession May Not Be Over Yet

Summary


THE boss of HSBC yesterday revealed the bank's expansion plans are being delayed because of concerns over a second downturn.

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

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Extract


Bank Boss Warns That Worst of Recession May Not Be Over Yet

The chief executive - who, it was announced last week, is moving to the group...

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