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HSBC first-half pretax profit rises 4.6 percent, second quarter beats estimates

August 6, 2018 4:40 AM
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HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy of returning to growth mode after years of restructuring.

HSBC reported a pretax profit of $10.7 billion in the six months through June, up from $10.2 billion in the same period a year earlier.

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