Anti-government protesters set up a catapult and barricade near an HSBC branch in Hong Kong’s Mong Kok district in this photo from October 6. Photo: Handout Anti-government protesters set up a catapult and barricade near an HSBC branch in Hong Kong’s Mong Kok district in this photo from October 6. Photo: Handout
Anti-government protesters set up a catapult and barricade near an HSBC branch in Hong Kong’s Mong Kok district in this photo from October 6. Photo: Handout
HSBC

HSBC to quicken cost cuts after third-quarter profit trails estimates on weaker retail banking, global markets

  • Net profit drops by 24 per cent, the most since the final quarter 2016, while income on pre-tax basis comes below analysts’ estimates
  • Retail banking and global markets business post double-digit profit drops in third quarter

Topic |   HSBC
Anti-government protesters set up a catapult and barricade near an HSBC branch in Hong Kong’s Mong Kok district in this photo from October 6. Photo: Handout Anti-government protesters set up a catapult and barricade near an HSBC branch in Hong Kong’s Mong Kok district in this photo from October 6. Photo: Handout
Anti-government protesters set up a catapult and barricade near an HSBC branch in Hong Kong’s Mong Kok district in this photo from October 6. Photo: Handout
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