HSBC eyes $600 million in losses if Coronavirus persists
HSBC could be forced to take $600
million in additional provisions against loan losses if the
Coronavirus outbreak persists into the second half of this year,
Chief Financial Officer Ewan Stevenson said on Tuesday.
million in additional provisions against loan losses if the
Coronavirus outbreak persists into the second half of this year,
Chief Financial Officer Ewan Stevenson said on Tuesday.
Posted by Reuters
