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    HSBC pre-tax profits more than double to $5.4 billion in Q3

    Synopsis

    In a statement to the Hong Kong stock exchange the banking giant reported pre-tax profit in July-September had jumped from $2.3 billion to $5.4 billion while profit after tax came in at $4.2 billion, up from $2.2 billion.

    Agencies
    HSBC's pre-tax profit more than doubled on-year in the third quarter, the firm said Monday, as chief executive Noel Quinn declared "the lows of recent quarters are behind us".

    In a statement to the Hong Kong stock exchange the banking giant reported pre-tax profit in July-September had jumped from $2.3 billion to $5.4 billion while profit after tax came in at $4.2 billion, up from $2.2 billion.
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