HSBC announced Monday that net profit fell 3.8 percent in the three months to June, as the company agreed to sell its Brazilian business for $5.2 billion to Brazil's Bradesco bank.
In the first half of 2015 net profit dropped 1.3 percent, although the company emphasised a rise in pre-tax profits, which rose 10 percent over the six months.
GMT 17:25 2017 Saturday ,29 AprilTurkey dismisses almost 4,000 public officials in new purge wave
GMT 17:24 2017 Saturday ,29 AprilMerkel says 'no one is allied' against Britain
GMT 16:00 2017 Saturday ,29 AprilEU needs 'serious British response' on citizens rights after Brexit
GMT 15:54 2017 Saturday ,29 AprilMerkel: 'no one is allied' against Britain
GMT 11:46 2017 Saturday ,29 AprilEU leaders 'unanimously' adopt Brexit guidelines
GMT 10:25 2017 Saturday ,29 AprilFrance's Hollande says Britain must pay price for Brexit
GMT 10:09 2017 Saturday ,29 April24 dead in Kyrgyz landslide: emergencies ministry
GMT 10:07 2017 Saturday ,29 AprilFrench candidate Le Pen announces eurosceptic PM pick, if elected