Sunday 2 August 2020

HSBC first-half profit plunges 65% as loan provisions rise

HSBC Holdings PLC posted a 65% tumble in firsthalf pretax profit, more than expected, as the coronavirus pandemic and its impact on businesses forced the Asiafocused bank to boost its loanloss provisions.

from Top Business News- News18.com https://ift.tt/39Rtf1A
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