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Home : Home Mortgage Loan : Home Purchase Loan : MSN Newsfeeds : HSBC Profit Declines 29% as Bad Loans Rise in U.S. (Update1) - Bloomberg

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HSBC Profit Declines 29% as Bad Loans Rise in U.S. (Update1) - Bloomberg

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This article related to: Home Purchase Loan

Aug. 4 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, said first-half profit declined 29 percent as it set aside more money for bad loans in the U.S. Net income for the six months ended June 30 fell to $7.7 billion, or 65 ...

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