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Home : Home Mortgage Loan : MSN Newsfeeds : HSBC reports 1H fall in profit

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HSBC reports 1H fall in profit

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LONDON (AP) - HSBC Holdings PLC, Europes largest bank by market value, reported Monday its steepest fall in profit since 2001 as costs for bad U.S. mortgage loans mounted. Net profit for the first half of the year plunged 29 percent to $7.7 billion ...

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