Bank of Communications First-Half Profit Rises 42% (Update1) (Bloomberg.com)
Aug. 16 (Bloomberg) -- Bank of Communications Ltd., part- owned by HSBC Holdings Plc, said first-half profit rose 42 percent as economic growth in China bolstered loan demand and fee income surged on the nation's stock market rally.

BoCom Second-Quarter Profit Rises 52%, Trailing Smaller Rivals (Bloomberg.com)
Aug. 16 (Bloomberg) -- Bank of Communications Ltd., part- owned by HSBC Holdings Plc, said second-quarter profit rose 52 percent as economic growth in China bolstered loan demand and fee income surged on the nation's stock market rally.

World Markets Fall Again on Loan Worries (AP via Yahoo! Finance)
Global stock markets tumbled again Thursday, battered by persistent worries about U.S. housing loan problems and potential damage to the global economy.

China's BoCom Q2 profit jumps on loan growth (Reuters via Yahoo! Asia News)
HONG KONG, Aug 16 (Reuters) - Bank of Communications , China's No.5 lender, posted a 53 percent rise in second-quarter earnings on Thursday, in line with expectations, driven by surge in lending and fee-based income.

HK stocks may open higher, Franshion to debut (Reuters via Yahoo! Asia News)
HONG KONG, Aug 17 (Reuters) - Hong Kong stocks may rebound on Friday, supported by a late rally on Wall Street, with global bank HSBC Holdings plc expected to end its losing streak and track gains of financial shares in the U.S.

Global markets tumble again on worries (AP via Yahoo! News)
Global stock markets tumbled again Thursday on persistent worries about U.S. housing loan problems and potential damage to the global economy.

UPDATE: Countrywide's $11.5 Bln Loan Poorly Timed For Banks Involved (Nasdaq)
SAN FRANCISCO (Dow Jones) -- Call it unfortunate timing for bankers. A group of 40 of the world's largest banks lent Countrywide Financial Corp. ( CFC) $11.5 billion this week under credit agreements that they committed to as far back as 2006.

Dodge & Cox Buys Boston Scientific Corp., HSBC Holdings PLC, Home Depot Inc., Sells Syngenta AG, Lockheed Martin Corp., ... (Guru Focus)
Manage more than $100 billion and still achieve outstanding returns? Even Warren Buffett is having a hard time doing it. Dodge & Cox does this with a value investing team. They have achieved great returns. These are the details of the buys and sells during the second quarter.

The Hindu Business Line : HSBC India goes in for a down-to-earth transformation (The Hindu)
Chennai, Aug. 13 Think of HSBC Bank in India and you may have this impression of a stiff upper lip, British style-bank, with bankers attired in classy suits, catering to the high and mighty in clipped English accent! That’s an image undergoing change.

Global Markets Keep Tumbling (San Francisco Chronicle)
Global stock markets tumbled again Thursday on persistent worries about U.S. housing loan problems and potential damage to the global economy. The slides, which increased after U.S. markets fell again, came despite moves by the U.S. Federal Reserve to...