HSBC's profit before tax from India rises marginally to USD 1.11 bn
Courtesy back-office operations, India retains the top ranking in terms of employees but the number of people employed declined by 1,000 to 38,000.
Feb 22, 2022, 22:03 PM IST
HSBC exits Brazil as group profit falls
HSBC has agreed to sell its Brazilian business to local group Banco Bradesco, the British banking giant announced Monday alongside news of a fall in net profits.
Aug 03, 2015, 21:08 PM IST
HSBC profits fall 3.8% in Q2, Brazil sell-off agreed
HSBC announced Monday that net profit fell 3.8 percent in the three months to June, as the company agreed to sell its Brazilian business for $5.2 billion to Brazil`s Banco Bradesco.
Aug 03, 2015, 16:29 PM IST
HSBC's H1 profits rise 10% on bumper Hong Kong results
HSBC also announced the sale of its Brazil unit to Banco Bradesco SA , the country`s second-biggest private-sector bank, for 17.6 billion reais ($5.2 billion) as HSBC seeks to cut underperforming businesses.
Aug 03, 2015, 10:24 AM IST
HSBC bank says annual net profits sink 15% to $13.7bn
Troubled global bank HSBC said Monday that net profits fell 15 percent last year, hit by fines and mis-selling compensation, and apologised again over tax-dodging claims at its Swiss division.
Feb 23, 2015, 14:25 PM IST
HSBC bank says profits fall in first half
Net profit dropped to $9.746 billion (7.259 billion euros) in the six months to June 30 compared with earnings after tax totalling $10.284 billion in the first half of 2013.
Aug 04, 2014, 15:23 PM IST
