Bloomberg News

HSBC Hits U.K. Business Lending Target; Will Hire 50 Managers

January 26, 2012

Jan. 26 (Bloomberg) -- HSBC Holdings Plc said it hit its 2011 target for business lending in the U.K. under the merlin plan, lending 38.8 billion pounds and 11.7 billion pounds to small businesses.

The bank will hire 50 international commercial managers to help U.K. customers trade abroad, it said today in an e-mailed statement.

To contact the editor responsible for this story: Howard Mustoe at

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