HSBC profits up 10 percent, bad debts hit $17 bln
LONDON (Reuters) - HSBC's profits rose 10 percent last year, just below analysts' forecasts, as strong gains in Asia helped Europe's biggest bank absorb a $17.2 billion hit for bad debts largely due to U.S. housing problems.
<p><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=NN2uvI" border="0"></img> (http://feeds.reuters.com/~a/reuters/businessNews?a=NN2uvI)</p><div class="feedflare">
<img src="http://feeds.reuters.com/~f/reuters/businessNews?i=zivB4hF" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=zivB4hF) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=sF3j4tf" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=sF3j4tf) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=IIEqzcf" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=IIEqzcf)
</div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/244729980" height="1" width="1"/>
http://feeds.reuters.com/~r/reuters/businessNews/~3/244729980/idUSWLB801320080303