HSBC bank sets European earnings record

Banking giant HSBC today set a new European record for half-year earnings after profits rose 53% to £5.14bn (€7.8bn) in the first six months of 2004.

HSBC bank sets European earnings record
Mon, 02 Aug, 2004 - 10:58

Banking giant HSBC today set a new European record for half-year earnings after profits rose 53% to £5.14bn (€7.8bn) in the first six months of 2004.

The improvement, which was ahead of market expectations, reflects a full contribution from Household, the US consumer finance arm it acquired in 2003.

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