IFR Asia - November 04, 2017

China big five

banks post

higher profits

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Asia earnings drive HSBC results

Turnaround gains traction with 36% quarterly revenue increase

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TOP STORY BANKS

“I think John will continue to

follow the mantra that revenues

need to grow at a faster rate

than cost growth. That’s

because we need to invest.

There are very big challenges

for the banking industry

generally, not just HSBC.”