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HSBC reports $8.5 billion pre-tax profit in third quarter

HSBC reports $8.5 billion pre-tax profit in third quarter

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

Business
HSBC names first female finance chief in major shakeup

HSBC names first female finance chief in major shakeup

HSBC has announced the appointment of its first female finance chief in the bank’s 159-year history as its new boss shakes up the business. Pam Kaur has worked at the bank for more than a