HSBC launches $1b lending fund to invest in women-owned businesses

HSBC launches $1b lending fund to invest in women-owned businesses

FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause

HSBC Holdings said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 months.