Economy Local 2025-10-29T22:07:17+00:00

HSBC Profit Beats Expectations Driven by Interest Income Growth

Europe's largest bank HSBC reported third-quarter profit that beat analysts' forecasts. The growth was supported by higher net interest income and strong performance in the wealth management division.


HSBC Profit Beats Expectations Driven by Interest Income Growth

HSBC, Europe's largest bank, announced on Tuesday that its third-quarter profit exceeded analysts' expectations. The growth was driven by an increase in the bank's net interest income. Additionally, the wealth management sector also demonstrated strong results.