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Customers are chasing higher-rate products, and that’s bad news for banks like HSBC

by Deidre Salcido
written by Deidre Salcido 0 comments
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Shares of banking giant HSBC Holdings fell as much as 7% on Tuesday as the lender revealed that customers are increasingly turning to higher-rate products.

Deidre Salcido

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Customers are chasing higher-rate products, and that’s bad news for banks like HSBC

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