HSBC's losses relating to the US housing market reach $4.3bn in the third quarter.
hsbcBank giant HSBC axes 1,100 jobsBBC Finance Fri, 09/26/2008 - 1:34am
HSBC announces it is to cut 1,100 jobs, blaming current market conditions for the decision. HSBC terminates $6bn bid for KEBBBC Finance Fri, 09/19/2008 - 1:36am
HSBC blames market turmoil as it cancels its $6bn (£3.3bn) agreement to buy Korea Exchange Bank. Warning as HSBC profits fall 28%BBC Finance Mon, 08/04/2008 - 4:04am
HSBC warns that conditions in financial markets are at their toughest "for decades" after seeing half-year profits fall 28%. HSBC in new sub-prime writedownBBC Finance Mon, 05/12/2008 - 4:05am
HSBC writes down $3.2bn in the first three months of 2008 as a result of its exposure to the US sub-prime market. HSBC extends KEB deadlineBBC Finance Tue, 04/29/2008 - 6:03am
A regulatory hold-up means HSBC's controlling purchase of a South Korean bank must be delayed. HSBC in $17bn credit crisis lossBBC Finance Mon, 03/03/2008 - 2:40am
The UK's biggest bank, HSBC, unveils a $17.2bn (£8.7bn) loss on investments linked to the credit crisis. HSBC 'to unveil $16bn writedown'BBC Finance Sun, 03/02/2008 - 10:26am
HSBC will make an annual profit despite an estimated $16bn (£8.1bn) of losses for 2007, reports suggest. |
