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Verilumia

The Daily Verified Briefing

Markets

HSBC reports 23% H1 pretax profit rise, launches $1B buyback

Published 4 August 2026

HSBC reported a 23 percent surge in pretax profit for the first half of 2026, driven by higher net interest income and robust growth in wealth management fees. The Europe-based banking giant announced the results on Tuesday, August 4, alongside a resumption of its share buyback program and a maintained dividend.

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