Goldman Sachs predicts 2010 for HSBC Finance

HSBC received some good news after a positive comment from Goldman Sachs. The US bank reckons that HSBC Finance will stop being a major drag on HSBC’s earnings from 2010 onwards, earlier than previously expected. HSBC Finance, formerly Household International, was purchased by HSBC in 2003. Seven years will not turn a profit for HSBC …