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HSBC (HBC) says it's on track to meet the top end of its goal to cut as much as $3.5B of costs...

May 17, 2012 2:27 AM ETHSBC Holdings plc (HSBC) StockHSBCBy: Rachael Granby, SA News Editor
HSBC (HBC) says it's on track to meet the top end of its goal to cut as much as $3.5B of costs by the end of next year. The bank is also doubling its target to $2B for generating extra revenue from increased cooperation between its businesses.

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