Newspaper wrap-up: HSBC's allowance for bad U.S. loans is lower than expected

Posted May 12th 2008 8:00AM by Laurie PasternackLaurie Pasternack RSS Feed
Filed under: Newspapers, Magazines, Tribune Co. (TRB), News Corp'B' (NWS)

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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

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Last updated: February 09, 2010: 09:25 PM

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