You are here

HSBC 2015 net profit down 1.2% at US$13.52b

37477936 - 16_02_2016 - HSBC-HEADQUARTERS_.jpg
Global banking giant HSBC announced Monday that its net profit for 2015 dropped by 1.2 per cent to US$13.52 billion from the previous year after what it called "seismic shifts" in the world economy.

[HONG KONG] Global banking giant HSBC announced Monday that its net profit for 2015 dropped by 1.2 per cent to US$13.52 billion from the previous year after what it called "seismic shifts" in the world economy.

Group chairman Douglas Flint described the performance as "broadly satisfactory" in a statement, although the bank's pre-tax profit of US$18.9 billion missed analysts' forecast of US$21.8 billion.

AFP

sentifi.com

Market voices on:

Powered by GET.comGetCom