Reuters: HSBC unveils $17.8 billion rights issue, profits fall

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HSBC unveils $17.8 billion rights issue, profits fall
      
   
      

LONDON (Reuters) - HSBC launched a 12.5 billion pound ($17.75 billion) rights issue on Monday to shore up its balance sheet after annual profit fell and as bad debts soared in the United States.<div class="feedflare">
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