BBCNEWS World Business Report July 6, 2024
lets get down to business. hsbc has just reported a 92% surge in quarterly profit. rising interest rates helped to swell its net interest income. europes largest bank thats headquartered in london said pre—tax earnings ringed in at $5.2 billion for the fourth quarter — thats better than expected and up from $2.7 billion the year before. but its biggest shareholder, ping an insurance of china, is putting pressure on the board to pivot further east. thats one of the challenges facing...
Source: archive.org