Why Neil Woodford Is Frightened For HSBC Holdings plc

The famed fund manager Neil Woodford made a high-profile bet in the banking sector just a few weeks ago when he revealed a holding in HSBC (LSE: HSBA) (NYSE: HSBC.US) — his first investment in shares of a big bank for years. But he’s already sold out. What’s he so scared of?

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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.