LONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Tuesday reported net income of $10.18 billion in its first quarter.
The London-based bank said it had earnings of $2.70 per share. Earnings, adjusted for non-recurring gains, were $1.70 per share.
The bank posted revenue of $40.36 billion in the period. Its revenue net of interest expense was $20.75 billion, which beat Street forecasts.
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