Monday 26 October 2020

HSBC Third-quarter Profit Tumbles 35% As Bad Loan Provisions Rise

HSBC Holdings PLC posted a 35% drop in quarterly profit, better than expected, as higher loan loss provisions on the economic fallout from the coronavirus pandemic were cushioned by the reining in of expenses.

from Top Business News- News18.com https://ift.tt/2HG9Ia9

No comments:

Post a Comment