HSBC Feels Asia Slowdown in Loan Drop, Delayed Hiring Plans

  • Quarterly loss of $858 million first since at least 2009
  • Profit from Asia region fell 14 percent amid China volatility

Is HSBC’s Loss Feeding a Fear in Banking?

Eight months after HSBC Holdings Plc unveiled a $100 billion bet on Asia, crashing commodity prices and a slowing Chinese economy are checking Stuart Gulliver’s ambitions.

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