HSBC is the biggest UK-listed bank (Katie Collins/PA)
(Picture: PA Archive)HSBC has announced plans to resume paying quarterly dividends and has beefed up one of its main profit targets as the biggest UK-listed bank seeks to satisfy investors who have been hearing calls for the group to be broken up.
Headquartered in London, much of HSBC’s profits come from Asia and one of its major investors -- Ping An Insurance -- has called for the separation of the Asian business. HSBC announced second-quarter profit before tax of $5 billion (£4.1 billion) on Monday, just shy of the $5.1 billion in the same period a year ago.
