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KM Financial Solutions | HSBC’s 2017 pre-tax profit jumps 142 pct, but lags view due to U.S. tax impact
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HSBC’s 2017 pre-tax profit jumps 142 pct, but lags view due to U.S. tax impact

19 Feb HSBC’s 2017 pre-tax profit jumps 142 pct, but lags view due to U.S. tax impact

Posted at 04:31h in News by
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HONG KONG, Feb 20 (Reuters) – HSBC Holdings’ 2017
pre-tax profit rose 142 percent as the lender avoided the
multi-billion dollar restructuring costs that marred its 2016
results but the profit growth lagged expectations as it took a
writedown following U.S. tax changes.

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