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HSBC profits bounce back as economic outlook improves

HSBC profits bounce back as economic outlook improves

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HSBC PLC (LON:HSBA) said a recovering UK economy helped profits rebound by 79% to US$5.8bn in the first quarter of 2021. All regions improved said the Asia-focused bank, but the UK was the standout it said with profits of more than US$1bn as bad debts were lower than expected.

...read full article on Proactive Investors

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