HSBC Warns Loan Losses Could Hit $13 Billion as Profit Plunges 65%

By Reuters
NYT Business Day
HSBC Holdings PLC warned its bad debt charges could blow past a previous estimate to $13 billion this year and said its profits more than halved, as the coronavirus pandemic hammered the bank's retail and corporate customers worldwide.
Published date: August 3, 2020 at 09:33AM
Reuters
New York Times article