hsbc logs rising profits takes 378m hit for forex scandal
Last Updated : GMT 01:54:02
Arab Today, arab today
Arab Today, arab today

HSBC logs rising profits, takes $378m hit for forex scandal

Arab Today, arab today

Arab Today, arab today HSBC logs rising profits, takes $378m hit for forex scandal

Arab Today

HSBC bank on Monday posted rising third-quarter net profits but took a $378 million (302 million euro) charge against probes into allegations of foreign exchange market rigging.
Earnings after taxation climbed seven percent to $3.4 billion in the three months to September, compared with $3.2 billion in the same period of last year, HSBC added in a results statement.

 

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