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BANKS HSBC’s reported pre-tax profit more than doubles to $10.8 billion in first half of 2021

admin by admin
August 2, 2021
in Tax
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Still working remotely? Your 2021 taxes may be more complicated than your 2020 return

The bank’s reported pre-tax profit more than doubled from a year ago to $10.84 billion in the January-to-June period this year. Analysts’ estimates compiled by the bank had pointed to a $9.45 billion in reported pre-tax profit during that period.

Meanwhile, revenue fell 4.5% from a year ago to $25.55 billion in the first six months of 2021 — broadly in line with the $25.52 billion that analysts had projected.

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