HSBC Holdings PLC may be poised to step up its acquisitions in emerging markets, now that the worst of the Third World economic crisis seems to have passed.

HSBC chairman John Bond noted the incipient recovery during a discussion of the bank's acquisition strategy last week at the London-based banking company's U.S. banking unit here.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.