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HSBC’s wealth and personal banking revenue up 71%

HSBC Wealth and Personal Banking (WPB)’s revenue recorded a 71% jump from the previous year, hitting US$6.7 billion in the third quarter of 2023. In 3Q23, HSBC’s WPB unit saw a 71% YoY jump in revenue, reaching US$6.7 billion, according to the bank’s most recent earnings report. However, when compared to the previous quarter, revenue is down 7%. HSBC owed…

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