Private Banking Profits Up a Third at HSBC

Private banking now accounts for 5.5 per cent of group profits of $22,086 billion at HSBC, up from 4.4 per cent reported in 2005. The UK-listed bank made a pre-tax profit of $1,214 million on its private....

Click to view the full article


By: Stephen Harris
March 6, 2007
Private banking now accounts for 5.5 per cent of group profits of $22,086 billion at HSBC, up from 4.4 per cent reported in 2005. The UK-listed bank made a pre-tax profit of $1,214 million on its private....