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HSBC first-quarter pre-tax profit misses estimates on higher expected credit losses
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HSBC reported first-quarter pre-tax profit of $9.4 billion, slightly below analyst expectations, driven by increased expected credit losses.
HSBC first-quarter pre-tax profit misses estimates on higher expected credit losses
Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates.
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