ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

HSBC profit jumps on Asia as revenue outpaces costs

Higher cost of customer accounts in Asia drags the lender's interest rate margin

HSBC's pre-tax profits in Asia topped $5 billion, bringing in more than 80% of the total in first quarter.   © Reuters

HONG KONG (Nikkei Markets) -- HSBC Holdings on Friday reported a profit jump on a broad improvement in its Asian operations, with the banking major signaling it is on track to meet Chief Executive John Flint's performance goals.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more