Summary
BANKING giant HSBC fended off accusations that it was ripping off British customers as it set a new record for profits by a UK bank of pounds 11.9bn.
The banking giant reported an 11 % hike in pre-tax profits to pounds 11.9bn on the back of robust performances in Hong Kong and the United States and a 28% improvement at HSBC Bank, which covers Europe including the UK.See the full content of this document
Extract
Our Record Profits Not a Rip-Off, Claims Hsbc
Its figures come in the wake of the pounds 7.95bn profits at Royal Bank of Scot...
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