Reuters could not immediately verify the report
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HSBC is halting lending to riskier private credit clients, after high-profile bankruptcies cast doubt on underwriting standards in the sector and pushed banks to cut their exposure, the Financial Times reported on Tuesday, citing people familiar with the matter.
Reuters could not immediately verify the report. (Reporting by Devika Nair in Bengaluru; Editing by Sonia Cheema)
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