HSBC says 2021 profit triples to $12.6B, outlook 'good'

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HSBC says 2021 profit triples to $12.6B, outlook 'good'
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HSBC PLC says 2021 profit more than tripled to $12.6 billion as the bank sold its retail business in France and expanded wealth management in Asia.

The Associated Press

Profit rose despite a 2% decline in revenue to $49.6 billion amid the COVID-19 pandemic’s pressure on commercial customers, the bank reported.

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