
HSBC’s quarterly pre-tax profit fell by 3.2 billion dollars (£2.4 billion) amid a period of “economic uncertainty and market unpredictability”, the firm announced.
In its earnings release for the first quarter of 2025, the UK’s largest bank said profit before tax dropped more than £2 billion to 9.5 billion dollars (£7.1 billion) compared to the same period last year.