HSBC’s (HBC) Earnings Weighed Down by Ongoing Money Laundering Investigations
Posted on November 06, 2012 at 09:47 AM EST
Yesterday, banking giant HSBC (HBC: Charts, News) reported a sharp plunge in profit during its third quarter earnings report. London-based HSBC earned a pre-tax quarterly profit of $2.8 billion - barely half of the $5.5 billion it earned in the prio... Read more