Transaction banking buoys HSBC’s IB

Jasper Cox

May 03, 2019 02:15 pm

HSBC7_PA_230x150 — View through a gate of a branch of HSBC bank in Strasbourg in France, taken on 20.08.2016. Photo: S. Steinach - NO WIRE SERVICE - | usage worldwide | Sascha Steinach/DPA/PA Images

HSBC’s global banking and markets division registered a small rise in income in its first quarter results announced on Friday. Transaction banking lines helped outweigh revenue declines in trading and the global banking business.

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Topics

Bank Results EMEA People and Markets Hong Kong SAR Asia Greater China Northeast Asia Asia Pacific EM People and Markets FIG People and Markets Europe Emerging Markets HSBC FIG

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Jasper Cox