Newspaper wrap-up: HSBC's allowance for bad U.S. loans is lower than expected
Posted May 12th 2008 8:00AM by Laurie Pasternack
Filed under: Newspapers, Magazines, Tribune Co. (TRB), News Corp'B' (NWS)
MAJOR PAPERS:
WEB SITES:
- Bloomberg reported that HSBC Holdings Plc (NYSE: HBC) set aside a smaller-than-forecast $3.2B for bad loans in the U.S. The bank also said its Q1 profit was higher than Q107.
Tags: AIG, American International Group, AmericanInternationalGroup, cablevision, cablevisionsystems, CVC, HBC, HSBC, HSBC Holdings, HsbcHoldings, news corp, news corp., news corporation, NewsCorp, NewsCorp., NewsCorporation, Newsday, NWS, NWS.A, RDS.A, RDS.B, REP, Repsol, royal dutch shell, RoyalDutchShell, TRB, tribune co, tribune co., tribune company, TribuneCo, TribuneCo., TribuneCompany, TXA
Related Posts
Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.
When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br> tags.