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HSBC’s investment bank up 20% as profit triples on higher interest rates
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HSBC's investment bank revenue surged by 20% in the first quarter, as the UK lender saw an increase in both trading and dealmaking fees during the period.
The bank brought in $4.4bn within its global banking and markets unit during the first quarter, up by 20% from the same period in 2022.
Its capital markets and advisory business brought...
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