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HONG KONG: Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in at $21.6 billion, slightly lower than last year’s record performance.

HSBC to hire almost 50 bankers for startup, venture lending in US

“After delivering record profits in 2023, we had another strong profit performance in the first half of 2024, which is further evidence that our strategy is working,” said Noel Quinn, the group’s outgoing chief executive.

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