Business

HSBC Says It Will Take Further Charges Against Its More Than $12 Billion of Exposure to ... - Latest Tweet by Bloomberg

The latest Tweet by Bloomberg states, 'HSBC says it will take further charges against its more than $12 billion of exposure to China commercial real estate as a third of those assets are “substandard” or “impaired,” according to CFO Ewen Stevenson ...'

HSBC Says It Will Take Further Charges Against Its More Than $12 Billion of Exposure to ... - Latest Tweet by Bloomberg

(The above story first appeared on LatestLY on Aug 01, 2022 01:25 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).