HSBC Holdings has reported a 10% year-on-year increase in pre-tax profit for the third quarter, reaching $8.5 billion, driven by revenue growth in wealth management and its global banking and markets division. This follows a recent announcement of an extensive organisational restructuring under CEO Georges Elhedery, who took the helm in September. “We delivered another … Continue reading HSBC Reports 10% Increase In Q3 Pre-Tax Profit Amidst Strategic Overhaul