HSBC Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration
HONG KONG/LONDON: HSBC Holdings reported a 78% jump in full-year profit, a record high gain on high interest rates, but missed forecasts as it was hit by an impairment from its stake in a Chinese bank.
Europe's largest lender with a market value of $160 billion reported on Wednesday a pretax profit of $30.3 billion for 2023, versus $17.5 billion a year earlier.
