What Does the Cut in HSBC's Rating Mean?

HSBC Holdings Plc’s credit rating outlook was cut by Standard & Poor’s, which questioned whether the lender is too big to be managed effectively in the wake of regulatory scandals in the U.S. and Europe.

Sales Check With Hudson's Bay CEO Jerry Storch
44:21 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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