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Trade war fears weigh on banking giant HSBC in 'horror show' results

HSBC

Trade war fears weigh on banking giant HSBC in 'horror show' results

The Telegraph - By Lucy Burton

HSBC's latest set of results have been described as a "horror show" by analysts as the banking giant is weighed down by fears over Brexit, an economic slowdown in China and Donald Trump's trade war. The bank reported pre-tax profits of $19.9bn (£15.3bn) for 2018, a rise on the previous year but a …

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