HSBC Report May Preview Next Phase in Credit Woes
Story date: 2007-11-11 04:36:00
Added on: 2007-11-11 17:00:19
Wall Street Journal - When British bank HSBC Holdings PLC reports third-quarter results for its U.S. business this week, it will provide an early look at what could be in store for U.S. mortgage lenders, banks with big holdings of securities tied to subprime home loans ...
Read more...
Related Stories:
-
HSBC Is Expected to Increase Reserves for Subprime Defaults
Wall Street Journal - HSBC Holdings PLC's U.S. consumer lending unit is likely to announce this week that it will increase the...
2007-11-11 02:55:00 -
HSBC cuts subprime mortgages, 750 jobs (The News & Observer)
HSBC Holdings, the British bank that was among the first to disclose soured U.S. home loans seven months ago, will shut its...
2007-09-22 12:46:37 -
HSBC Ends US Mortgage-Backed Bond Sales (AP via Yahoo! Finance)
HSBC Holdings PLC said it stopped selling and trading mortgage-backed securities in the United States as the British bank continues to...
2007-11-08 02:13:26 -
U.K. Stocks Decline, Paced by HSBC; WPP Group, AstraZeneca Slip (Bloomberg.com)
Oct. 19 (Bloomberg) -- U.K. stocks retreated for a second day. HSBC Holdings Plc paced declines as UBS AG advised clients to...
2007-10-19 09:46:42 -
HSBC spent $660,000 lobbying government in 2Q (INO News)
(AP:WASHINGTON) The U.S. subsidiary of British financial conglomerate HSBC Holdings PLC spent $660,000 in the second quarter lobbying the federal government on...
2008-08-19 12:18:22 -
HSBC reports another big hit from US mortgage exposure, warns bad ...
CNBC - ... HSBC Holdings PLC, Europe's biggest bank, reported another big hit from exposure to the U.S. mortgage crisis Wednesday...
2007-11-14 09:37:00 -
HSBC shares rise as bank beats fears (The Herald)
HSBC Holdings, Europe's biggest bank by market value, said yesterday that it has set aside a smaller-than-estimated $3.2bn (£1.6bn) for bad loans...
2008-05-12 12:47:55 -
HSBC seen facing another hit from U.S. mortgages (Reuters via Yahoo! News)
Europe's biggest bank HSBC Holdings is this week expected to unveil a further big hit from its exposure to the U.S....
2007-11-11 06:17:39