HSBC’s net fee income from Asia up 17%

2 August 2011 | 1 minute read

HSBC’s Asian operations contributed over half the group’s total half-yearly profits, according to results released by the bank. On a pre-tax basis, Asian operations delivered US$ 6.8 billion in the first half of 2011, up 16% from numbers reported during the same period last year. Hong Kong delivered profits of US$3.1 billion, up 7%, while the rest of Asia Pacific…

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