HSBC: Bank’s pre-tax profits soar fuelled by high interest rates

by Rob_Cram

3 comments
  1. Obviously good news for any of us with pensions but that level of exposure to China is a worry.

  2. Another example of how economic crises are used to funnel money upwards. We should be rioting.

  3. HSBC withheld those higher interest rates from depositors, thus adding to its own profits.

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