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HSBC reports growth in wealth revenue, jump in 3Q21 pre-tax profit

Source: HSBC

HSBC beat estimates when it reported an adjusted 3Q21 pre-tax profit of US$6.0 billion on Monday, up 36% YoY, with more than half of the total originating from Asia. Asia showed strong revenue trends and it is the region which group CEO Noel Quinn sees as the driver of the bank’s growth. The bank saw strong fee growth in all…

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