HSBC Crashes To 11 Year Low As Profit Plunges And Loss Reserves Soar

Aug 3rd 2020 7:30am EDT

HSBC Crashes To 11 Year Low As Profit Plunges And Loss Reserves Soar Tyler Durden Mon, 08/03/2020 – 07:30 HSBC Holdings shares tumbled 6.4% Monday morning, hitting 11 year lows not seen since the 2008-09 financial crisis, following the bank’s latest earnings report that warned the virus-induced global downturn might trigger $13 billion in loan […]

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