HSBC provides upbeat interim statement

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HSBC provides upbeat interim statement

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11-05-2010, 06:22 PM

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HSBC provides upbeat interim statement

Banking giant HSBC has today said third-quarter profits were well ahead of the same period a year ago with bad debts on the decline. The bank did not provide exact figures in today’s statement but did caution that the global recovery was “taking longer than previous cycles”. The bank, which is Europe’s largest, also expressed [...]

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