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<a href="http://www.accessmylibrary.com/coms2/summary_0286-16207733_ITM" title="Facts and information about INDIA, CHINA CONTRIBUTE TO HSBC'S US$12.5 BLN H1 PRE-TAX PROFIT.">INDIA, CHINA CONTRIBUTE TO HSBC'S US$12.5 BLN H1 PRE-TAX PROFIT.</a>
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INDIA, CHINA CONTRIBUTE TO HSBC'S US$12.5 BLN H1 PRE-TAX PROFIT.
LONDON, Aug 1 Asia Pulse - Rapid economic growth in India and China and other emerging markets has helped HSBC, a leading high street bank, to earn a pre-tax profit of US$12.5 billion in the first half of this year.
Michael Geoghegan, Group CEO of the bank said profits in India, China and Brazil all rose by 20 per cent or more while strong global equity markets had boosted corporate banking revenues.
The bank had made a pre-tax profit of US $20.97 billion in 2005.
The HSBC chief said the bank had increased its ...
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Source: HighBeam Research, INDIA, CHINA CONTRIBUTE TO HSBC'S US$12.5 BLN H1 PRE-TAX PROFIT.