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HSBC pre-tax profit up 7% in third quarter

HSBC said Monday its third quarter adjusted pretax profit rose 7% from a year ago to US$5.59 billion, beating expectations. “Reported profits were down, but adjusted profits were higher than last year’s third quarter in all four global businesses and four out of five regions,” HSBC global chief executive Stuart Gulliver said. The September quarter adjusted […]

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