HSBC Suffers After Large Loan Provisions and A Tough Political Climate
- Aug 5, 2020
- 1 min read
Updated: Sep 9, 2020

HSBC's stock fell 6.5% to its lowest level since 2009 after disappointing Q2 results. Net-income plummeted 96% while revenues fell 4%. Large loan provisions and a tough political climate was the driving factors behind a poor Q2.
Comments