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HSBC

HSBC's Canada unit does well

PUBLISHED : Tuesday, 16 April, 2002, 12:00am
UPDATED : Tuesday, 16 April, 2002, 12:00am

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HSBC Bank Canada has reported a year-on-year 39.6 per cent rise in first quarter net income to C$74 million (about HK$364 million). Total assets rose to C$33.9 billion from C$31.1 billion and return on equity was up from 16.3 per cent to 19.7 per cent.