HSBC Disappoints on Profit and Warns on Bad Loans – HSBC, the biggest British bank, reported earnings for last year that fell short of expectations. The bank said its profit for 2009 rose 1.9 percent to $5.8 billion, from $5.7 billion a year earlier. The median estimate of 12 analysts surveyed by Bloomberg was for $7.76 billion – The NY Times
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!