HSBC shares rally after 32 percent increase in profits
LONDON (AP) — Shares in HSBC are rallying after Europe’s biggest bank posted a 32 percent increase in third-quarter earnings.
The London-based bank, which gets most of its profit from Asia, said net income advanced to $3.90 billion from $2.96 billion in the same quarter last year. HSBC shares rose 4 percent to 629.20 pence in early London trading.
- Read more about HSBC shares rally after 32 percent increase in profits
- Log in or register to post comments