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Hardworking arrow News arrow Business arrow Business arrow HSBC warns of higher-than-expected loan provisions (AFP)
HSBC warns of higher-than-expected loan provisions (AFP)
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Pedestrians walk past a HSBC branch in Beijing, January 2007. Global banking giant HSBC Holdings has warned that increased provisions at its US mortgage business will result in much higher than expected loan impairment and risk costs for 2006.(AFP/File/Goh Chai Hin)AFP - Global banking giant HSBC Holdings has warned that increased provisions at its US mortgage business will result in much higher than expected loan impairment and risk costs for 2006.



Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/afp/20070208/bs_afp/hongkongbritainushsbc.
 
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