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BBC: HSBC's new sub-prime writedown

Started by riky, May 13, 2008, 01:21:43 AM

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riky

May 13, 2008, 01:21:43 AM
HSBC's new sub-prime writedown

HSBC writes down $3.2bn in the first three months of 2008 as a result of its exposure to the US sub-prime market.

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