HSBC Reports Soaring Pre-Tax Profits Driven by High Interest Rates

Feb 21, 2024 00:49 EST

HSBC, Europe's largest bank, has announced a substantial 80% surge in pre-tax profits, reaching $30.3 billion (£24 billion) in 2023, primarily propelled by elevated interest rates globally.Read more: HSBC Reports Soaring Pre-Tax Profits Driven by High Interest Rates

Comments

HSBC Reports Soaring Pre-Tax Profits Driven by High Interest Rates

Read Next