Post by HSBC
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We delivered another quarter of positive performance at a time when the economic landscape remains complex and uncertainty persists. Annualised return on average tangible equity was 18.7%, excluding notable items. On the same basis, revenue grew 4% year-on-year to $19.1 billion. Reflecting on our 1Q results, published today, Group CFO Pam Kaur said: “In periods of greater uncertainty, our customers turn to us to help navigate complexity, bringing the financial strength, stability and expertise they know they can rely on from their trusted partner.”
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