BANKTHINK

Morning Scan: Fed Gives Everyone a Reason to Revisit the Financial Crisis; HSBC Earnings

Receiving Wide Coverage ...

HSBC Earnings: HSBC's profit rose 9% last year to $22.6 billion, a sum that was short of analysts' $24.5 billion expectations. Per the Journal, "shutting businesses and the continuing runoff of its U.S. consumer finance business" hurt revenue. The bank addressed investor concerns over its exposure to emerging markets, particularly Asia, saying it was "optimistic about the longer-term prospects," but that it did "anticipate greater volatility in 2014." HSBC revealed it plans…

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