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HSBC first-half profit plunges 65%, warns loan losses could hit $13 billion© hindustantimes.com

HSBC first-half profit plunges 65%, warns loan losses could hit $13 billion

Aug 3, 2020 11:18 AM, 9 news, a view

Europe’s biggest bank by assets reported on Monday a pre-tax profit of $4.32 billion for the first six months this year, lower than the $5.67 billion average of analysts’ estimates compiled by the bank.

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