Wealth business lifts HSBC profit beat as client income surges

Global banking giant HSBC Holdings plc has reported stronger-than-expected underlying profit for 2025, driven primarily by a sharp rise in client-related income from its wealth management arm, underscoring the growing importance of affluent customers and investment services in boosting the bank’s earnings. The London-based lender said profit before tax reached $29.9 billion in 2025,... Details