The News Craving
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Reuters UK
Reuters UK
SINGAPORE (Reuters) -HSBC Holdings said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 months. “The level of funding received over time by female-led businesses is significantly lower than male counterparts, while the recent impacts of the pandemic have seen these same businesses disproportionately affected,” Sam Cooper-Gray, global head of market strategy at HSBC Business Banking, said in a statement. “Female-owned businesses are also less likely to have global networks, meaning international expansion can prove particularly challe…
