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HSBC reports profit plunge of 53 percent in 2019

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Hong Kong, Feb 19 (EFE).- British bank HSBC, Europe's largest, announced Tuesday that its reported profit attributable to ordinary shareholders fell 53 percent in 2019 over the previous year to $6 billion.It said this had been affected by a goodwill impairment of $7.3 billion."The Group’s 2019 performance was resilient, however parts of our business are not delivering acceptable returns. We are therefore outlining a revised plan to increase returns for investors, create the capacity for future investment, and build a platform for sustainable growth," Interim Group Chief Executive Noel Quinn said in a statement posted on the bank's website on Tuesday.(Camera: JEROME FAVRE)FOOTAGE SHOWS THE HSBC HEADQUARTERS IN CENTRAL DISTRICT, HONG KONG.

Added on the 19/02/2020 13:00:00 - Copyright : EFE Inglés

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