HSBC beats expectations as GBM drives growth
HSBC on Tuesday beat consensus profit expectations thanks to strong performances from its global banking and markets (GBM) and commercial banking (CMB) divisions, complemented by increased revenues from its balance sheet management business as it continued to shed unwanted assets.
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