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Rising costs crimp HSBC's first-half profit

Monday, August 06, 2018 - 01:45

HSBC reported a pretax profit of $10.7 billion in the six months through June, but invstors were disappointed by rising expenses from investments in the company's new growth strategy. Thuy Ong reports.

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HSBC reported a pretax profit of $10.7 billion in the six months through June, but invstors were disappointed by rising expenses from investments in the company's new growth strategy. Thuy Ong reports.

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Rising costs crimp HSBC's first-half profit

Monday, August 06, 2018 - 01:45