Hsbc

HSBC Bails Out 2 Troubled Funds

AP | Robert Barr | Posted 03.28.2008 | Business


HSBC Holdings PLC, Europe's largest bank, said Monday it will bail out two troubled funds it manages by transferring about $45 billion of their assets...

HSBC Takes A $3.4 Billion Charge

Wall Street Journal | MARGOT PATRICK | Posted 03.28.2008 | Business


HSBC Holdings Plc (HSBA.L), Europe's biggest bank, said its third-quarter profits were ahead of last year's and revenue growth across the group offset...

HSBC Takes $3.4 Bil Charge, Warns of Sub-Prime Contagion

MarketWatch | Steve Goldstein | Posted 03.28.2008 | Business


HSBC Holdings on Wednesday said it would have to write off a further $3.4 billion from its U.S. business during the third quarter, but said profit bef...