HSBC profit surges amid lower costs

Note: This section contains information in English only.
Source: Bloomberg
HSBC Holdings Plc, the largest bank in Europe by value, reported its earnings for the third quarter of this year, as the profit jumped 30% to $4.53 billion from $3.48 billion a year earlier on costs' cuts. At the same time, economists predicted the profit amount to reach $5.54 billion. Today, HSBC Holdings Plc shares are adding 3.27% to 709.80 pence by 14:15 GMT in London.
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