'Market showing signs of deterioration,' HSBC's Veloso says

Posted at Sep 06 2012 02:58 AM | Updated as of Sep 06 2012 07:22 PM

HSBC Philippines head of treasury Wick Veloso tells ANC's Coco Alcuaz that global markets are "showing signs of deterioration," funneling money to emerging markets like the Philippines. He also answered questions on San Miguel, whose P80-B preferred share sale HSBC is lead underwriter of. - ANC, News Now, September 5, 2012