The Scan for Monday, August 1

08/02/11

Breaking News This Morning ... HSBC Earnings: The British bank said Monday it will cut up to 30,000 jobs and it reported a better-than-expected first-half profit. HSBC is selling 195 branches, mostly in upstate New York, to First Niagara (more on that below.) Wall Street Journal, New York Times Receiving Wide Coverage ... ...

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