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HSBC reports fall in profits to $20.6bn

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Estimated Basel III end point common equity tier 1 ratio (‘CET1’) 10.3% post-2013 management actions (9.0% at end 2012), providing strong capacity for organic growth; Dividends declared in respect of 2012 US$0.45 per ordinary share, up 10% on 2011, with a fourth interim dividend for 2012 of US$0.18 per ordinary…

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