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Leading local banks including HSBC, Bank of China (Hong Kong) and Standard Chartered on Thursday kept their prime lending ...
Profit before tax declined 25% on a year-on-year basis, while revenue fell 15% from last year. Pre-tax profit, however, ...
This is based on HSBC's funding cost advantage in the local market, where it has long been the largest bank. Sticky retail deposits in Hong Kong not only help fund local loans but also help to ...
Deutsche Bank AG and HSBC Holdings Plc see the world getting on with business in many ways even as the US shoots its own ...