HSBC Posts Drop In H1 Profit
HSBC Holdings PLC (NYSE: HBC) reported a decline in its net profit in the first half.
HSBC's net profit dropped to $8.2 billion in the period. Its total operating income came in at $43.7 billion in the period. HSBC reported a net profit of $9.76 billion and operating income of $42.3 billion in the year-ago period.
HSBC shares closed at $42.12 on Friday.
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