People use ATMs at HSBC’s main building in Central. Photo: Sam Tsang
HSBC first-quarter profit soars as global economic recovery takes shape
- Pre-tax profit was US$5.8 billion, beating a consensus estimate of US$3.34 billion
- Improving economic outlook allowed HSBC to shrink reserves for soured loans
People use ATMs at HSBC’s main building in Central. Photo: Sam Tsang
