BBCNEWS World Business Report October 25, 2021 04:31:00
Let's start with hsbc, because europe's biggest bank by assets has just announced its europe's biggest bank by assets hasjust announced its results for the third quarter. they show the bank had made a pre—tax profit of $5.1; billion in the period betweenjuly to september. hsbc also announced a share buy—back of up to $2,000,000,000, despite having a big presence in europe, hsbc is to tap into the growth of china's economy. last year the bank generated just under $11,000,000,000 in pre—tax profits. in its operations in china and hong kong which compensated for its losses elsewhere. the ce...
Source: archive.org