HSBC's first-half profit jumps 23%
HSBC•First-half profit surge driven by net interest income and wealth management
HONG KONG/LONDON, Aug. 4 (Reuters) - HSBC Holdings reported a 23% first-half profit surge on Tuesday, as rising net interest income and revenue from wealth management pushed up fee income on robust money and deal flows.
Europe's largest bank posted a pretax profit of $19.5 billion for the first six months of this year, versus $15.8 billion a year earlier.
That compared with the $18.9 billion average of broker estimates compiled by HSBC.
