Wednesday, February 1, 2012

HSBC's Major Says Debt Swap Deals Must End With Greece

Bloomberg
February 1, 2012

Steven Major, global head of fixed-income research at HSBC Holdings Plc, talks about bondholders' negotiations with Greece over a debt-swap deal and the prospect of a similar arrangement being required in Portugal. Major, speaking with Owen Thomas and David Tweed on Bloomberg Television's "On the Move," also discusses the European Central Bank's longer-term refinancing operation.



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