HSBC said Monday that profits were up more than five-fold in the third quarter as its Asia business drives higher returns.
Reported pre-tax profit jumped to $4.6 billion in the three months to the end of September, compared with $843 million in the same period in 2016.
The Asia-focused giant has been on a recovery drive over the past two years to streamline the business and slash costs, and has laid off tens of thousands of staff
GMT 07:25 2017 Monday ,30 October
Asia-focused giant has been on a recovery driveGMT 10:58 2017 Wednesday ,16 August
Troubled Cathay loses HK$2.05 billion in first half 2017GMT 09:21 2017 Wednesday ,16 August
Troubled Cathay loses HK$2.05 billion in first half 2017GMT 07:37 2017 Monday ,31 July
HSBC pre-tax profit up 5% to $10.2 bn in first half 2017Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor