HSBC says 2016 net profit plunged 82% to $2.48billion
Global banking giant HSBC said Tuesday that net profit for 2016 fell 82 percent from the previous year, calling it a period remembered for its "largely unexpected economic and political events".
Feb 21, 2017, 10:00 AM IST
HSBC profits plunge 45% to $3.61 billion as Brexit uncertainty bites
HSBC posted Wednesday tumbling second-quarter net profit on volatile markets and China`s slowdown, warning it faced "a period of heightened uncertainty" after Britain voted to leave the European Union.
Aug 03, 2016, 17:29 PM IST
HSBC 2015 results disappoint amid 'seismic' economic shifts
Global banking giant HSBC on Monday reported a shock pre-tax loss in the last quarter of 2015 with results for the year missing analysts` expectations, as it grapples with "seismic shifts" in the world economy.
Feb 22, 2016, 17:30 PM IST
HSBC pre-tax profit up 32% at $6.1 billion, revenue down
Group chief executive Stuart Gulliver said the performance was "resilient", with pre-tax profit at USD 6.1 billion from USD 4.6 billion in the same quarter last year.
Nov 02, 2015, 16:52 PM IST
HSBC pre-tax net dips 11% as key verticals fare poorly
The oldest foreign lender HSBC India today reported 11 percent dip in pre-tax profit for the January-June period at USD 335 million due to a fall in the merchant banking, retail banking and wealth businesses.
Aug 03, 2015, 20:34 PM IST
HSBC bank says Q1 net profits edges higher
Scandal-hit global bank HSBC said Tuesday that net profits climbed by almost one percent in the first quarter, aided by a "strong" performance at its investment banking division.
May 05, 2015, 15:16 PM IST
HSBC bank says profits fall in first half
Net profit dropped to $9.746 billion (7.259 billion euros) in the six months to June 30 compared with earnings after tax totalling $10.284 billion in the first half of 2013.
Aug 04, 2014, 15:23 PM IST
