Knight Vinke renews HSBC calls

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GLOBAL - Knight Vinke Asset Management and its institutional shareholder supporters have renewed calls for HSBC to dispose of its Household International (HFC) business, responsible for some of its $17.2bn losses over 2007.

HSBC released its annual results detailing 'substantially higher losses in the US consumer finance loan book, primarily in mortgage lending but also in the credit cards portfolio, in the final part...

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