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HSBC posts pre-tax loss of US$858m for last quarter of 2015

Bank's full year pre-tax profit of US$18.9b misses analysts' forecast of US$21.8b

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HSBC began its review of where to put its headquarters in April last year, two weeks before a British general election.

Hong Kong

GLOBAL banking giant HSBC on Monday reported a shock pre-tax loss for the last quarter of 2015 with results for the year missing analysts' expectations, as the bank grapples with "seismic shifts" in the world economy.

HSBC last year announced a radical overhaul of its...

sentifi.com

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