HSBC

HSBC

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A man walks past a logo of HSBC Holdings PLC at the bank’s headquarter in Hong Kong Monday, March 2, 2009. HSBC PLC plans to scale back its consumer lending operations in the United States and to close hundreds of branches there, British and U.S. newspapers reported Sunday. The Financial Times and the Wall Street Journal said HSBC will announce the plans on Monday as it discloses its 2008 results and confirms a plan to raise 12 billion pounds ($17 billion) in a new rights issue.(AP Photo/Vincent Yu)

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