HSBC’s profit up on year, takes $4.9 billion hit (Reuters)

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A customer enters a branch of HSBC bank in central London November 8, 2008. (Luke MacGregor/Reuters)Reuters - Europe's biggest bank HSBC Holdings said its profit in the third quarter was ahead of a year earlier as growth in Asia helped offset almost $5 billion in bad debts on U.S. home loans and asset writedowns.

--- Reuters ...



categoriaPersonal Finance commentoNo Comments dataNovember 10th, 2008

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