Britain UPS HSBC Britain

HSBC investment bank bolstered by trading surge as dealmaking slips

Reading now: 522

Profit within HSBC's global banking and markets unit swelled by 37% in the second quarter as trading revenue surged, but fees from dealmaking more than halved during the period.The UK lender posted profit of $1.7bn for its GBM division, which houses its investment bank and trading functions, up 37% from the same period last year.Revenue...

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News