HSBC shares slide on earnings and bumpier road ahead

Shares in HSBC fell nearly 3% following a surprise fourth quarter loss and predictions of a "bumpier" road ahead because of China's slowing economy.
In the final three months of last year, HSBC reported a pre-tax loss of $858m compared with a profit in the fourth quarter of 2014.
For the full-year, pre-tax profit was flat, up just 1% to $18.9bn (£13.1bn).
HBSC also confirmed that it is being investigated over its hiring practices in Asia. Read more...

Source: bbc.com

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