HONG KONG: Banking giant HSBC more than doubled pre-tax profit to $17.2 billion in 2017, it announced Tuesday, after a recovery drive to streamline its business and slash costs.
Adjusted pre-tax profit also rose 11 percent year-on-year to $21 billion as revenue growth outweighed operating expenses, the bank said.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.