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End in sight for HSBC’s US subprime loans disaster – Reuters

loans - Google News Aug 5th, 2014 Loans.



End in sight for HSBC's US subprime loans disaster
Reuters
Running down the massive book of consumer loans was expected to take a decade or more, yet the bank's latest update indicates it is ahead of that timescale - a significant development given it frees up capital to give the bank more strategic options.

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