HSBC's pre-tax profits fall 29% amid Brexit concerns

HSBC has reported a 29% fall in pre-tax profits for the first half of 2016 as revenue fell 11% amid concerns over the EU referendum.

HSBC's pre-tax profits fall 29% amid Brexit concerns
Wed, 03 Aug, 2016 - 07:25

HSBC has reported a 29% fall in pre-tax profits for the first half of 2016 as revenue fell 11% amid concerns over the EU referendum.

Europe's largest bank saw annual pre-tax profits decrease by $3.9bn to $9.7bn compared with $13.6bn in the same period in 2015.

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