Wealth and Asset Management
HSBC PB Suisse slashes losses by 90% in 2017 half-year
HSBC Private Bank Suisse has cut its half-year pre-tax losses by 90% as the bank recovers from a $3.2 billion write down and the costs of an investment in banking software, Avaloq. Pre-tax losses fell from $419 million to $39 million in the first six months of 2017. The operating…
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