HSBC ceases sales and trading of US mortgage-backed securities as part ...

Story date: 2007-11-08 02:52:00
Added on: 2007-11-08 23:00:24

CNBC - In September, the London-based bank closed its U.S. subprime-mortgage unit, Decision One, and stopped buying subprime loans funded by other lenders early this year. American Depositary shares of HSBC slipped 85 cents to $89.99 Thursday on the New York ...


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