HSBC global banking profits up despite falling revenues
HSBC’s investment banking division registered higher pre-tax profits in the first quarter than in the same period last year on the back of strong trading and falling loan impairment charges, the bank reported on May 7.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts