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HSBC to buy Taiwan factoring company

01 February 2007

HSBC has announced its intention to buy Taiwan's Chailease Credit Services Company in a move to tap into the world's second-largest factoring market.

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Following the financial crisis of 2008, progress was made by the regulators on the Basel III Accord. 2011 saw a growing concern by a number of banks that a possible unintended effect of Basel III was a severe reduction in financing trade, particularly for short-term letters of credit.

Lessons to be Learned from 2011 and Issues to Look out for in 2012 - Trade Finance Market Outlook 2012


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