Subprime losses by bank in 2007 show HSBC at number 1

Today we look back at early 2007 to see HSBC as a major factor in US subprime. The SEC provided a list of subprime mortgage write-offs early in the crisis. HSBC held the number one spot. Without a doubt HSBC also attracted the attention of regulators. Here are subprime write-offs, listed by bank: HSBC – …