HSBC bank says profits 'well ahead' on year earlier

5th November 2010, Comments 0 comments

Asia-focused banking giant HSBC said on Friday that current pre-tax profits were "well ahead" compared with 12 months earlier, without giving precise figures.

"At the end of the third quarter (Q3), HSBC's pre-tax profits for the year to date remained well ahead of 2009," the British bank said in a trading update.

"Pre-tax profits for Q3 2010 were also well ahead of Q3 2009," it added.

© 2010 AFP

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