Anthony Bolton doubles stake in HSBC

Bolton, who has backed the bank throughout much of the year, doubled his position from around 2.5% in August to 4.9% by the end of September. The move makes HSBC Bolton's second largest holding in his investment trust and comes following a sell-off in the bank's shares. Amid a decline in banking shares across the globe, HSBC's Hong Kong listed shares are down around 22% in the last six months, currently trading at 65.45 Hong Kong Dollars. Meanwhile in London, shares are off around 20% compared to six months ago, trading at 530p currently, down from 658p. However, they have recovere...