Text size

HSBC Global Private Banking annual profit up 9%

The global private banking arm of HSBC posted a 9% rise in annual adjusted profit before tax in 2017, to US$296 million, underscoring the aggressive cost-cutting the bank undertook throughout the year, offsetting lower revenues from investment, lending, other business activities. The private bank recorded US$15 billion in net new money inflows in the ‘key markets’ it targets for growth,…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].