HSBC's third-quarter profit drops 14%, but beats expectations on higher revenue, interest income
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025.Europe's largest lender HSBC on Tuesday beat third-quarter profit expectations on the back of revenue growth, which included a rise in the bank's net interest income and a robust performance in its wealth segment.The bank's profit before tax for the three months ended in September was $7.3 billion, down nearly 14% from a year ago due to higher operating expenses, namely from notable items, including legal provision ...