HSBC pre-tax profit of £ 7.1bn ($ 5.7bn ), down 62% YoY , missing expectations. The bank blamed "significant and largely unexpected economic and political events" for the plunge in profits.
HSBC - FY2016 pre-tax profit of £5.7bn ($7.1bn), down 62% YoY, missing expectations. The bank blamed "significant and largely unexpected economic and political events" for the plunge in profits.