Friday, 15 December 2017

HSBC sees half-year profits rise by 5%

HSBC has reported a 5% rise in profits in the first half of 2017.

Europe's biggest bank reported a pre-tax profit of $10.2bn (£7.8bn) for the first six months, up by about $500m.

As widely expected, the bank has also announced a share buyback of up to $2bn which it expects to complete by the end of 2017.

http://www.bbc.com/news/business-40772965

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