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HSBC’s investment bank up 10% as trading revenue offset deal slump
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HSBC's global banking and markets unit was up 10% in 2022 as strong performance in its core trading and payments units offset a slump in dealmaking activity.
The UK lender posted revenue of $15.4bn within its global banking and markets unit, which houses its investment bank, up 10% from 2022 thanks to a surge in foreign exchange and payments fees.
HSBC...
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