KM Financial Solutions | HSBC 2019 profit falls 33%, misses estimates
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HSBC 2019 profit falls 33%, misses estimates

HSBC 2019 profit falls 33%, misses estimates

HSBC Holdings PLC
on Tuesday posted a fall of 33% in annual profit,
lagging analyst estimates, mainly due to a goodwill impairment
of $7.3 billion related to its investment banking and commercial
banking businesses in Europe.

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