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Euronews

Angela Barnes

HSBC profit jumps as bank unveils major share buyback plan

HSBC Georges Elhedery

The profits increase came on the back of higher banking net interest income and growth in fee and other income, the lender said in its earnings report.

"HSBC is becoming the stronger bank we set out to build. We are executing our strategic priorities with pace, precision and discipline," CEO Georges Elhedery said in a statement.

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