HSBC: Banking giant  posts lower-than-expected profits for first half of 2025 - video Dailymotion

Yorkshire Post

HSBC has warned that it expects lending to “remain muted” for the rest of 2025 after posting lower-than-expected profits for the first half of the year.

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00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:04HSBC has warned that it expects lending to remain muted for the rest of 2025

00:09after posting lower than expected profits for the first half of the year.

00:15Profit before tax fell by $5.7 billion from the first half of 2024 to $15.8 billion.

00:23HSBC attributed $3.6 billion of the decline to sale of its Argentina and Canada operations

00:29while the dilution and impairment losses of Bank of Communications accounted for $2.1 billion.

00:35Profit after tax fell by 30% year-on-year to $12.4 billion.

HSBC: Banking giant posts lower-than-expected profits for first half of 2025

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