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HSBC Pulls Out of US Consumer Lending

by MorganMarch 2, 2009 Mortgage News/Insight

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The UK-based bank announced a flurry of changes to its business in the States. HSBC announced 6,100 job cuts, raising $18 billion in new capital, and pulling out of consumer lending in the United States.
The company is most notorious [...]

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