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FINANCIALS: HSBC UK Retail Banking Outage - Shouldn't Be Credit Mover

FINANCIALS

HSBC (HSBC: A3/A-/A+) headlines rolling about UK banking outage, unlikely to be credit material. Not a wholly unusual event, the last one of real note was Ulster Bank's multi-day outage in 2012 which resulted in a little over EUR60m in compensation and fines.

"*HSBC REPORTS ISSUES WITH PERSONAL ONLINE, MOBILE BANKING
*HSBC SAYS IT TEAMS WORKING TO GET SERVICES BACK TO NORMAL
*HSBC COMMENTS ON IT ISSUES IN POST ON X" - BBG
 

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