HSBC added almost $400m to its profits last year from settlements and provisions connected to legal matters, according to the bank’s latest annual report.
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https://www.law.com/international-edition/2018/02/20/hsbc-profits-boosted-by-362m-net-release-in-legal-costs-annual-report-reveals/
HSBC profits boosted by $362m release in legal provisions, annual report reveals
Bank's profits benefit from net release of $362m in "settlements and provisions in connection with legal matters"
February 20, 2018 at 09:11 AM
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