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HSBC fights to recover after computer crash

August 19, 2008

The Buffalo News: HSBC Bank USA is still scrambling to recover after its core-banking computer system mysteriously crashed Sunday, preventing it from recording withdrawals and deposits, and wreaking havoc on consumers and businesses nationwide.Bank officials acknowledged a serious problem las week, saying the computer crash "impacted our ability to process customer transactions," according to a customer statement provided to The Buffalo News.

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