HSBC to Infuse $4 Billion Into Private Credit Funds Amid Profit Push

Key Takeaways HSBC plans to inject $4B into HSBC AM's private credit funds to boost profitability. The move targets building a$50B credit fund by attracting more external capital. This aligns with HSBC's broader restructuring strategy to boost profitability through high-growth markets.HSBC Holdings PLC (HSBC) is set to deploy $4 billion into its private credit funds to drive profits higher. Nicolas Moreau, CEO of HSBC Asset Management (HSBC AM), revealed it in an interview with Reuters.Rationale Behind H ...