HSBC`s 2016 profit slumps 62 percent on writedowns as outlook dims

A taxi drives past a branch of HSBC bank in London, Britain, February 9, 2015. REUTERS/Suzanne Plunkett/File Photo HSBC Holdings (HSBA.L) reported a 62 percent slump in annual pre-tax profit that fell way short of analysts’ estimates as the British bank took h... More »