HSBC eyes $600 million in losses if Coronavirus persists
17 Feb HSBC eyes $600 million in losses if Coronavirus persists
Posted at 12:21h
in
News
by KMFSLLP
HSBC could be forced to take $600
million in additional provisions against loan losses if the
Coronavirus outbreak persists into the second half of this year,
Chief Financial Officer Ewan Stevenson said on Tuesday.
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