HSBC profits fall on higher credit charges

Financial Times

UK · 2 hrs ago

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HSBC profits fall on higher credit charges

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HSBC reported first-quarter profits below analyst expectations at $9.4 billion, driven by increased credit charges. The bank's income decline reflects rising loan loss provisions in its financial results.

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HSBC profits fall on higher credit charges

Financial Times · 2 hrs ago

First-quarter income dips to $9.4bn, missing analyst expectations

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