HSBC achieves record profits but sweats on China woes

HSBC posts record pre-tax profit in 2023

HSBC Holdings reported a record annual pre-tax profit for 2023 thanks to higher global interest rates, despite the US$3 billion hit on its stake in China's Bank of Communications.

HSBC celebrates 'record' results with bumper dividend for shareholders

HSBC Bank Malta on Wednesday said it had achieved record results in 2023, allowing it to declare a final gross dividend of nine cents per share.The bank closed 2023 with €133.9 million in profit before tax, a 141% increase over the previous year, while operating costs grew by a far more meagre 3%. It tightened...

HSBC boss sees pay nearly double as bank reveals record profits

The bank said its pre-tax profit surged by nearly 80% to top 30.3 billion US dollars (£24 billion) in 2023, from 17.1 billion dollars (£13.6 billion) the year prior

HSBC reports 'record profit' of $30.3 billion in 2023

The Asia-focused lender and its peers have been buoyed by rising interest rates for more than a year.

HSBC achieves record profits but sweats on China woes

The bank's exposure to China knocks its bottom line and triggers investor worries about the outlook as shares fall sharply in Hong Kong..

HSBC 2023 record profit spoiled by China investments

HONG KONG -- HSBC Holdings on Wednesday reported a record annual pretax profit of $30.3 billion in 2023, a 78% jump from the previous year, boosted by