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HSBC first-half profit drops 65% as loan provisions rise

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HSBC Holdings PLC posted a 65% drop in firsthalf pretax profit, more than expected, as the coronavirus pandemic and its impact on businesses forced the Asiafocused bank to boost its loanloss provisions.

from Top Business News- News18.com
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HSBC first-half profit drops 65% as loan provisions rise HSBC first-half profit drops 65% as loan provisions rise Reviewed by Team Exprssnews on August 02, 2020 Rating: 5

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