| ID: |
26953 |
| Title: |
HSBC bad debts hit $10.6 billion
(Reuters)
|
| Description: |
Reuters - HSBC Holdings on Monday said
its 2006 profits rose 5 percent, just short of analysts'
expectations, as Europe's biggest bank took a $10.6 billion hit
for bad debts after problems in its U.S. mortgage lending. |
| Category: |
Business/Company Earnings/ |
| Link Owner: |
|
| Date Added: |
March 05, 2007 01:31:02 PM |
| Number Hits: |
0 |
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