Banking News
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HSBC adds to banking sector woes with profits fall of 28%
5 Aug 2008
source:
financemarkets.co.uk
... HSBC, Britain’s largest bank, has reported a 28% decline in first-half pre-tax profits to £5.1 billion ($10.2 billion). The news from HSBC follows that from other banks including Alliance &... |
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Fortis announces profits fall of 40%
5 Aug 2008
source:
financemarkets.co.uk
... Fortis bank has today warned it is facing a tough time after it posted a 41% fall in first-half profits. The Belgian-Dutch bank, which last year joined with the RBS to buy ABN Amro, said credit... |
