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21 Feb 2017

HSBC says 2016 net profit plunged 82% to $2.48billion

Global banking giant HSBC said Tuesday that net profit for 2016 fell 82 percent from the previous year, calling it a period remembered for its "largely unexpected economic and political events".

03 Aug 2016

HSBC profits plunge 45% to $3.61 billion as Brexit uncertainty bites

HSBC posted Wednesday tumbling second-quarter net profit on volatile markets and China`s slowdown, warning it faced "a period of heightened uncertainty" after Britain voted to leave the European Union.

22 Feb 2016

HSBC 2015 results disappoint amid 'seismic' economic shifts

Global banking giant HSBC on Monday reported a shock pre-tax loss in the last quarter of 2015 with results for the year missing analysts` expectations, as it grapples with "seismic shifts" in the world economy.

02 Nov 2015

HSBC pre-tax profit up 32% at $6.1 billion, revenue down

Group chief executive Stuart Gulliver said the performance was "resilient", with pre-tax profit at USD 6.1 billion from USD 4.6 billion in the same quarter last year.

03 Aug 2015

HSBC pre-tax net dips 11% as key verticals fare poorly

The oldest foreign lender HSBC India today reported 11 percent dip in pre-tax profit for the January-June period at USD 335 million due to a fall in the merchant banking, retail banking and wealth businesses.

05 May 2015

HSBC bank says Q1 net profits edges higher

Scandal-hit global bank HSBC said Tuesday that net profits climbed by almost one percent in the first quarter, aided by a "strong" performance at its investment banking division.

04 Aug 2014

HSBC bank says profits fall in first half

Net profit dropped to $9.746 billion (7.259 billion euros) in the six months to June 30 compared with earnings after tax totalling $10.284 billion in the first half of 2013.

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