HSBC Tops Full-Year Profit Forecast as Wealth and Transaction Banking Offset Restructuring Hits
HSBC reported 2025 pretax profit of $29.91 billion, beating a $28.86 billion analyst consensus, supported by growth in wealth fees and foreign-exchange income in its corporate and institutional banking unit. The results include $4.9 billion of adverse notable items tied to impairments, legal and restructuring costs; excluding those items, pretax pr…