HONG KONG/LONDON – HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million settlement for alleged mis-selling of U.S. mortgage securities ate into higher revenues. Shares in Europe’s biggest bank dipped in London as investors and analysts await clearer […]
The post Rising Costs And Us Settlement Crimp Hsbcs First-half Profit appeared first on Bongo Exclusive.
from Bongo Exclusive http://bit.ly/2ONfypC