HSBC reports net profit at $12.6 billion in 2018

HSBC reports net profit at $12.6 billion in 2018

HSBC reported a net profit jump of 30 per cent in 2018 from the previous year to $12.6 billion. Revenues rose 5 per cent from a year earlier to $53.8 billion. Pre-tax profit rose 16 per cent to $19.9 billion, but lagged analysts’ estimates. Asia accounted for 89.5 per cent of pre-tax profit in 2018.

KCooper
KCooper
Regrin Kade
Regrin Kade 1 year

Remember, that’s the bank that settled for a huge fine cause they laundered drug cartel money and Al-Quaida money. Just a reminder

AshLiamBerg
AshLiamBerg 1 year

That's disgusting. Billions in profit from extortionate interest rates and fees on us all.

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