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HSBC unveils buyback as profits soar

HSBC unveils buyback as profits soar

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HSBC has pushed the button on a big shareholder payout programme with a US$2bn share buyback after profits soared in its latest quarter. Profits in the three months to end September jumped 134% to US$5.4bn, driven by the release of previous bad debt provisions and a higher share of profit from associates.

...read full article on Proactive Investors

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