HSBC posts ‘record profit’ of $30.3B
HONG KONG: HSBC said on Wednesday it achieved “record profit” in 2023 as pretax profits soared by nearly 80 percent, with the banking giant also announcing further share buybacks. The Asia-focused lender and its peers have been buoyed by rising interest rates for more than a year, but are bracing for greater economic uncertainties in […]
Tomas Kauer - News Moderator 
HONG KONG: HSBC said on Wednesday it achieved “record profit” in 2023 as pretax profits soared by nearly 80 percent, with the banking giant also announcing further share buybacks.
The Asia-focused lender and its peers have been buoyed by rising interest rates for more than a year, but are bracing for greater economic uncertainties in 2024.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
_2024_04_10_19_21_10.jpg){kind=small}
