HomeNewsBusinessMarketsDon't see quick resolution to Euro crisis: HSBC Pvt Bank

Don't see quick resolution to Euro crisis: HSBC Pvt Bank

The Indian market is watching global cues to figure out the next decisive move. In an interview to CNBC-TV18, Arjuna Mahendran, managing director, head investment strategy Asia of HSBC Private Bank (Suisse) SA said, the European crisis is not anywhere close to closure.

October 10, 2011 / 17:27 IST
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The Indian market is watching global cues to figure out the next decisive move. In an interview to CNBC-TV18, Arjuna Mahendran, managing director, head investment strategy Asia of HSBC Private Bank (Suisse) SA said, the European crisis is not anywhere close to closure.

According to him, the latest European proposal to recapitalise European banks does not adequately address the problem.
first published: Oct 10, 2011 11:29 am

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