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HSBC first-half profit plunges more-than-expected 65% on loan provisions

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HSBC Holdings PLC posted a higherthanexpected 65% tumble in firsthalf pretax profit 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 plunges more-than-expected 65% on loan provisions HSBC first-half profit plunges more-than-expected 65% on loan provisions Reviewed by Team Exprssnews on August 02, 2020 Rating: 5

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