HSBC headquarters is shown in Central. Photo: Sam Tsang

HSBC’s fourth-quarter profit misses analysts’ forecasts as weaker outlook in global economy saps demand for loans

  • HSBC says pre-tax profit for full year was US$19.9 billion – which was below analysts’ forecasts; shares fall 2.3 per cent
  • Hang Seng Bank, a subsidiary of HSBC, reported a 21 per cent rise in net profit – soundly beating estimates
Topic |   HSBC

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HSBC headquarters is shown in Central. Photo: Sam Tsang
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