Exclusive
HSBC has $400 million exposure to an ailing UAE firm, compounding post-MFS troubles
HSBC Said to Have $400 Million Exposure to Ailing UAE Firm IFFCO
IFFCO Group, one of the Middle Eastโs largest consumer goods companies, has emerged as an unwelcome headache for HSBC Holdings Plc at a time when Chief Executive Officer Georges Elhedery is trying to make the British lender leaner, simpler and more disciplined with capital.


