HSBC yesterday insisted its strategy is on track despite unveiling a 28% drop in first-half profits amid mounting losses from US home loans and signs of stress in the emerging markets on which it has pinned its hopes for growth.
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Earnings at HSBC tumble by 28%
HSBC yesterday insisted its strategy is on track despite unveiling a 28% drop in first-half profits amid mounting losses from US home loans and signs of stress in the emerging markets on which it has pinned its hopes for growth.
