HSBC pre-tax profit up 32% at $6.1bn, revenue down
HSBC bank
Hong Kong - Arab Today
HSBC saw pre-tax profit surge 32 percent year on year in the third quarter the banking giant announced Monday, but revenue dropped in the wake of Asian market volatility.
Group chief executive Stuart Gulliver said the performance was "resilient" but that revenue had been affected by stock market sell-offs in Asia, with adjusted revenue down four percent.
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