HSBC reports 2015 full-year profits of $x billion
February 21, 2016 at 23:04 PM EST
This is a breaking news story. HSBC announced a 1 percent rise in pre-tax profit for 2015, as Europe's biggest bank by assets deals with volatile markets, ongoing cost-cutting efforts, and leadership uncertainties. Full-year profits for last year came in at $18.8 billion, missing Reuters expectations for $21.8 billion.