HSBC Ends Sales of Mortgage-Backed Securities in U.S. (Update2) (Bloomberg.com)

Story date: 2007-11-08 12:26:02
Added on: 2007-11-08 23:00:18

Nov. 8 (Bloomberg) -- HSBC Holdings Plc, the biggest U.K. bank, said it stopped sales and trading of mortgage-backed securities in the U.S. after the collapse of the subprime market forced it to close down two lending units.


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