
Mortgage News
HSBC's market share slides
Tuesday 10th of October 2006
The bank's second quarter profit of just under $5 million brought its first-half result to $12.7 million, little changed from the previous first-half.
Its mortgage book shrank to $2.02 billion at the end of June from $2.11 billion three months earlier and from $2.17 billion at the end of June last year. HSBC has been losing market share since it bought AMP's mortgage book in the June 2003 qu...
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