Daily news about HSBC
May 12 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, said first-quarter profit increased as it set aside a less-than-estimated $3.2 billion to cover bad loans in the U.S.
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May 12 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, set aside a smaller-than-estimated $3.2 billion for bad loans in the U.S. and said first-quarter profit increased.
May 12 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, set aside a smaller-than-estimated $3.2 billion for bad loans in the U.S. and said first-quarter profit was higher than a year earlier.
May 12 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, set aside $3.2 billion in the first quarter to cover bad loans in the U.S. and said profit in 2008 is ahead of the same period a year ago.
HSBC Holdings, Europe's biggest bank by market value, said yesterday that it has set aside a smaller-than-estimated $3.2bn (£1.6bn) for bad loans related to its US consumer finance business and said first-quarter profit increased.
May 16 (Bloomberg) -- Japan's economy grew 3.3 percent last quarter, faster than economists estimated, as exports to Asia and emerging markets helped the nation weather the U.S. slowdown.
HONG KONG - Asian stocks closed mostly up Friday as official figures showed robust economic growth in Japan and Hong Kong despite the fallout from the global financial crisis.
May 16 (Bloomberg) -- Japan's economy grew faster than economists estimated last quarter as exports to Asia and emerging markets helped the nation weather the U.S. slowdown.
HSBC Holdings, Europe's biggest bank, is expected to write down up to $5 billion in losses related to problem loans made to US consumers, two London newspapers reported yesterday. The Sunday Times said that HSBC will announce bad-debt charges at...
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