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What’s behind disappointing 1H22 earnings for PBs in Asia?

The stomach-churning market performance and the impact of China’s pandemic control measures combined to batter the 1H22 results of many Asia-focused PBs. Below is a rundown of the causes for the dismal 1H22 earnings at key players in the region: Universal banks feel impact of pandemic measures in China and Hong Kong For HSBC, global revenue at Wealth and Personal…

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