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HSBC to Cut US Jobs
Hi, I just saw a news on Google finance, plz readt it - HSBC, Europe's largest bank by market value, reported a 70 percent drop in 2008 profit and said it would raise $17.7 billion in new capital through a share issue, while cutting 6100 jobs as it shutters consumer loan businesses in the United States.
And send me your opinion that what you think to this news. Thanks! 
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