The Asia-focused British bank’s fees and other income from wealth increased almost 24% YoY to nearly US$2.3 billion in Q1 2025.
HSBC has posted a profit before tax of US$9.5 billion for Q1 2025 – down 25% year-on-year (YoY), with the decline primarily driven by the net impact of business disposals in Canada and Argentina a year ago, according to its latest earnings release. R evenue from equity derivatives benefited from the rise in market volatility resulting from the uncertain macroeconomic outlook The figure, however, was still better than the estimates from analysts covering the group, US$7.8 billion. Reven