HSBC: One more fling before the wedding bells ring?

The takeover of Merrill Lynch by HSBC is looking more and more likely.

If press reports out of the UK and in Hong Kong are anything to go by, a takeover of Merrill Lynch MER by HSBC 5 looks a done deal. Akin to a pair of lovers that have undergone a long and steady courtship, the respective families are now only waiting for the wedding date to be set.

StockHouse LogoIn this light, the recent decision by HSBC to ask shareholders to approve a 43% increase in its authorized share capital to...

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