Tuesday, August 28, 2007

HSBC increases profit

The largest European bank HSBC increased its profit in the first half-year despite difficulties in the US US businessUS business
London - the largest European bank HSBC increased its profit in the first half-year despite difficulties in the US US businessUS business. The result before taxes improved to at the end of of June by 13 per cent on 14,16 billion dollar (10.37 billion euro), as Kreditinstitut communicated on Monday.
The bank profited from a sales in China, by which a billion dollar flowed additionally into the cashes. Without this a mark effect the vat gain added by five per cent.

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