HSBC profits jump as banking giant set for major shakeup
Source: BBC
HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history.The firm said its pre-tax profits rose to $8.5bn (£6.6bn) in the three months to the end of September, beating analysts' expectations.It comes just days after HSBC's new boss announced a major overhaul of the company.The firm will be split geographically into eastern and…
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