Thursday, Feb 08, 2007
HSBC in shock profit warning
This is Money: US Mortages: HSBC in shock profits warning
Shares in global banking giant HSBC slumped today after the lender shocked investors with a profit warning due to a far worse bad-debt problem in the bank's US mortgage book than previously thought.
Also see: Robert Peston's BBC blog: http://www.bbc.co.uk/blogs/thereporters/robertpeston/2007/02/hsbc_us_troubles.html
Posted by mr mash @ 09:04 AM (135 views) Add Comment
1 Comment
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1. Northernlad said...
...and?