HSBC chairman Stephen Green described financial markets as "the most difficult for several decades" as Britain's biggest bank posted a 28 per cent fall in first-half pre-tax profits to $10.2 billion ($£5.1 billion).
More...HSBC profits drop 28% as bad debt rises by $10bn$ (External link to The Times)
More...HSBC profits drop 28% as bad debt rises by $10bn$ (External link to The Times)