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tdp2664 E money daily HSBC Holdings plc (LON:HSBA) has posted a 36% decrease in its third quarter profits. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full HSBA chart at Wikinvest HSBC Holdings plc (LON:HSBA) Sees Profits Sink The euro zone debt crisis has affected HSBC Holdings plc (LON:HSBA) so badly that it reported a 36 percent drop in its third quarter profits. The bank was also affected by bad debt in US as homeowners stopped making mortgage payments. The bank also said if regulators insist on charging $2.5 billion a year, the bank may consider moving its headquarters from Britain to Hong Kong. HSBC Holdings plc (LON:HSBA) CEO Stuart Gulliver said, "The outlook for the global economy is very challenging as problems in developed markets begin to affect growth rates around the world". HSBC Holdings plc (LON:HSBA) shares stood at 496.8 at the end of the last trading session. Price History Last Price: 496.8 52 Week Range: 466.45- 739.63 Last Vol: 16023631 3 Month Vol: 27452000
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