HSBC Said To Be Eyeing Private Credit Foray Amid Tariff Turmoil, Waning Retail Interest
From StockTwits: 2025-04-14 01:40:00
HSBC stock may enter the private credit market, holding talks with potential partners, but may not create a separate unit due to cost concerns. While competitors fully embrace private credit, HSBC executives remain skeptical about revenue justifying costs. President Trump’s tariffs impact short-term credit demand, causing HSBC to take a cautious stance. The bank has looked to trim costs through job cuts and overhaul its investment banking business. Despite falling retail chatter, HSBC’s U.S.-listed shares have risen 24.8% over the past year. The bank could offer private lending through its asset management and life insurance businesses in Hong Kong.
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