Wealth and Asset Management
HSBC Says Costs From Strong Franc Offset Inflows at Private Bank
HSBC Holdings Plc, owner of Switzerland's fourth biggest private bank by assets, said first- half profit at the unit declined as costs rose with the country's currency. Pretax profit from clients of HSBC's private bank in Switzerland fell 24 percent to $122 million at the end of June from $161…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Bloomberg