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Investor's Business Daily - Europe's largest bank by market value said its profit rose 5% in '06 to $15.8 bil
while operating income jumped 14% to $70 mil despite losses in its mortgage operation. HSBC projected it'll take 2-3 years to emerge from problems caused by home-loan defaults. Still HSBC's CEO rejected claims the bank made unnecessarily risky U.S. loans. "This is not trailer park lending " Michael Geoghegan said. "This is Main Street America." Shares slid 0.4% to 85.91.Linkleri Üyelerimiz Görebilir. UslanmaM Üyeliği İçin Tıklayın |
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