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Market Impact: 0.35
HSBC's third-quarter profit jumps 32%, in line with estimates
Source: reuters.com
Corporate EarningsBanking & LiquidityInterest Rates & YieldsCompany Fundamentals
HSBC reported a 32% year-on-year surge in third-quarter profit, supported by higher net interest income as rates rose. Its wealth management division also benefited from turbulent market conditions; the article provides no profit figure or market reaction.
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