On Tuesday, HSBC reported fourth-quarter 2022 results, beating analysts' expectations. Bank's reported pre-tax profit for the three months ending December was $5.2 billion, up 108% from $2.5 billion a year earlier and better than the bank's estimate of $4.97 billion. HSBC said its fourth-quarter results reflected strong revenue growth and lower operating costs.
HSBC Reports Fourth Quarter Pretax Profit of $5.2 Billion
