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HSBC says Q3 pretax profit up 7%

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HSBC said Monday its third quarter adjusted pretax profit rose seven per cent from a year ago to US$5.59 billion, beating expectations.

[HONG KONG] HSBC said Monday its third quarter adjusted pretax profit rose seven per cent from a year ago to US$5.59 billion, beating expectations.

"Reported profits were down, but adjusted profits were higher than last year's third quarter in all four global businesses and four out of five regions," HSBC global chief executive Stuart Gulliver said.

AFP

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