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13.08 - 09:27
HSBC investment bank bolstered by trading surge as dealmaking slips
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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...
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