YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

HSBC posts 62% earnings drop

Posted online
British banking company HSBC reported $7.1 billion in 2016 profits, a 62 percent decrease from $18.9 billion a year earlier.

Officials cited several one-off charges, including the sale of its operations in Brazil.

Shares dipped 5 percent in London after the report was released.

Read more from BBC News.

[[In-content Ad]]

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Republic Intermediate School

The Republic School District is on track to open its Intermediate School for fifth- and sixth-grade students for the 2025-26 academic year.

Most Read
Update cookies preferences