Credit Crunch Fails To Wipe Out HSBC Profit : News Photo
Credit Crunch Fails To Wipe Out HSBC Profit : News Photo
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Credit Crunch Fails To Wipe Out HSBC Profit

WELLS, UNITED KINGDOM - MARCH 03: The HSBC logo is displayed outside a branch of HSBC on March 3, 2008 in Street, United Kingdom. HSBC, the UK's largest bank, has said it has made a 8.7bn GBP loss, after the decline in the US housing market hit the value of its loans. The bank's losses are said to be the biggest write-down of the UK's big five because it has a lot of business and operations in the USA, however its annual profits still rose 10 percent to 12.2bn GBP, up from the year before. (Photo by Matt Cardy/Getty Images)


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Restrictions:Contact your local office for all commercial or promotional uses.
Credit:Matt Cardy / Stringer
Editorial #:80089872
Collection:Getty Images News
Date created:March 03, 2008
License type:Rights-managed
Release info:Not released. More information
Source:Getty Images Europe
Object name:51521262
Max file size:2021 x 1312 px (6.74 x 4.37 in) - 300 dpi - 371 KB
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