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International Business Times

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AFP News

HSBC Records $21.6 Billion Pre-tax Profit In First Half 2024

HSBC Noel Quinn Asia Interest Rates

HSBC's first-half pre-tax profits were slightly down from the same period last year (Credit: AFP)

Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in at $21.6 billion, slightly lower than last year's record performance.

"After delivering record profits in 2023, we had another strong profit performance in the first half of 2024, which is further evidence that our strategy is working," said Noel Quinn, the group's outgoing chief executive.

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