Wealth and Asset Management
HSBC shares surge as wealth management boom offsets profit dip
HSBC shares climbed over 5% on Wednesday morning, reaching 1,362.80p and cementing its position as the UK’s most valuable bank with a market cap of over £230 billion. This rally occurred despite a 7% decline in annual pre-tax profit, which fell to $29.9bn (c. £22.1bn) following $5bn (c. £3.7bn) in…
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Click here to read the full story: Scottish Financial News