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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Is Fed Patience a Sign of a U.S. Economy Bounce Back?
46:31 - The dollar plunged against the yen after the Federal Reserve reiterated a gradual approach to tightening and traders awaited Friday’s Bank of Japan monetary policy decision. A gauge of the greenback fell for a third day as traders saw only a 26 percent chance of a U.S. interest rate increase in September, after the Fed gave little hint of an imminent move. ING Bank Chief International Economist Rob Carnell discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."