HSBC refutes claims about travel review

August 2009
Travel Weekly (UK);8/14/2009, p6
Trade Publication
The article reports that HSBC Holdings PLC has denied that it is behind a financial clampdown blamed for increasing travel businesses' credit costs. A company spokesman refuted claims made by agents that the bank was undertaking a review of the travel sector. Earlier, the review of travel agencies' credit levels has been ordered by the merchant handling company that runs HSBC's credit-card facility.


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