Banking

HSBC records $8.5bn pre-tax profit in Q3

Banking giant HSBC said Tuesday that pre-tax profit in the third quarter rose 10 percent year-on-year, citing revenue growth in two of its divisions, days after the lender announced an organisational overhaul. The rise in pre-tax profit to $8.5 billion reflected a strong performance in its wealth management division as well as higher revenues in […]