Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Simon English

HSBC reports record profits but China worries bite shares

HSBC posted record profits of more than $30 billion (£24 billion) for the last year, figures that are bound to respark the debate about bank profiteering and increase calls for a windfall tax on the biggest lenders.

With the UK in recession and consumers struggling, high bank profits are unlikely to play well with the public.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.