Global bank HSBC reports 2017 pretax profit rose 11 per cent

HONG KONG — HSBC says its annual pretax profits rose by 11 per cent on strong earnings from Asia, in the latest sign that the London-based global bank’s restructuring to focus even more on the region is reaping further dividends. The bank said Tuesday ... ( read original story ...)

HSBC Holdings 2017 pre-tax profit jumps 142% percent

Hong Kong: HSBC Holdings’ 2017 pre-tax profit rose 142 percent as the lender avoided the multi-billion dollar restructuring costs that marred its 2016 results but the profit growth lagged expectations as it took a writedown following U.S. tax changes. ( read original story ...)

HSBC’s Gulliver signs off with a HK$66m pay packet

Outgoing HSBC Group chief executive Stuart Gulliver drew a salary package of £6.08 million (HK$66.05 million) in 2017, compared with £5.67 million in the year before. The package includes a base salary of £1.25 million and an annual bonus of £2.12 ... ( read original story ...)