HSBC Sees Profit Fall on Fine, Debt Revaluation
March 4 (Bloomberg) -- Bloomberg Industries Kapilan Pillai examines results from HSBC Holdings Plc as the bank said profit fell 5.6 percent after a record settlement for anti-money-laundering sanctions in the U.S. and a charge to revalue its own debt. He speaks on Bloomberg Television's "The Pulse."
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OPEC Output Cut May Not Drain Supply
56:54 - Oil is trading at a three-week low on concerns that OPEC is unable to make the kind of progress it needs to come to a consensus and to a tangible agreement from Vienna in late November. Bloomberg analysis shows that even if OPEC cuts, it still might not be enough to drain the surplus. Bloomberg's Wael Mahdi reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)