Business HSBC to overhaul business model as third-quarter profit tumbles 35% Updated : October 27, 2020 11:51 AM IST Asia-focused HSBC said it expected losses from bad loans to be at the lower end of the USD 8 billion to USD 13 billion range it set out earlier this year. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.