From The Telegraph
''The bank is planning to sell four sub-prime loan portfolios worth a total of
$2.7bn in the next year, with hedge funds already expressing an interest.
The disposals will mark the first time HSBC
has sold any of its holding of sub-prime debt since the collapse of Lehman
Brothers in September 2008 and is intended to kick off the sale of the
$44.2bn of toxic debt still held by the bank.''