HSBC’s profits plunged 51% last quarter as the coronavirus pandemic battered the bank Five280 April 28, 2020 April 28, 2020 Comments Off on HSBC’s profits plunged 51% last quarter as the coronavirus pandemic battered the bank Reuters HSBC posted first-quarter earnings on Tuesday that fell short of Wall Street forecasts. The British bank’s adjusted revenues slid 6%, and a surge in expected credit losses drove adjusted pre-tax profits down 51% to $3.0 billion. …Read More