HSBC has posted a pre-tax profit of USD17.2 billion in 2017, jumping 141 percent from a year earlier, as its focus on Asia was driving growth.
The European largest lender by market capitalization, HSBC Holdings, reported a surge in its annual profit before taxes, forecasting a plan to raise up to 7 billion Dollars in funding over the next four months to consolidate its capital base, while the bank is preparing for growth in its new management.
More than three quarters of the profit came from Asia, in particular from the retail banking and wealth management units, where Hong Kong was a major contributor.
"In my own view my performance has been satisfactory", Gulliver said of his tenure, citing the bank's steady flow of dividends and the restructuring he pushed through.
The Chief Executive Officer of the firm, Stuart Gulliver, is to be succeeded by John Flint on 21 February, following seven years holding the position.
Adjusted revenue for 2017 was $51.5 billion, up 5 percent from the previous year.
HSBC said 2017 was marked by broadly stable but persistently low interest rates and increasing excess liquidity in the market, while attractive investment opportunities remained limited.
"These results and the achievements of the last couple of years give us a great platform to build on", said Flint in a release that accompanied the earnings announcement.
The two companies in question were Steinhoff - the South African retailer engulfed in an accounting scandal, which owns businesses in Britain - and Carillion, the United Kingdom construction company that imploded earlier this year, said the person, who asked not to be identified speaking about confidential matters.
The global banking group said it was planning additional tier 1 capital issuance of between $5bn and $7bn during the first half of 2018, and that it would undertake share buybacks "as and when appropriate".
"We are doing a piece of work around the USA business at the moment, I don't want to prejudge any conclusions", Flint said.
Congress spokesperson Manish Tewari said, "Bank frauds are tumbling out of the closet faster than you can say Jack Robinson". Nirav Modi is one of India's richest people, with a personal wealth of $1.75bn, according to Forbes .
They say the Williamsville-based supermarket's debt and intense industry competition may be behind the potential filing. Winn-Dixie has struggled in recent years, with the chain previously filing for bankruptcy in 2005 and 2009.
His name may be Dennis Smith Jr . but, he is not the son of former National Basketball Association player Dennis Smith . He lobbed the ball to himself on the glass, then tipped it a second time above the rim and dunked on the second effort.
And it probably stinks: "The dark spot material may be hydrogen sulfide, with the pungent smell of rotten eggs". Enormous dark storms on Neptune were first detected in 1989 by NASA's Voyager 2 spacecraft.
According to the Interior Minister of Mexico, Alfonso Navarrete, the aircraft's pilot lost control while landing. Oaxaca prosecutor's office stated that fourteen people including a six-month-old baby were killed in the crash.
Dale have never reached the quarter-finals, and Dunphy said: "In my memory it's the biggest game we've ever played". "The performance deserved at least the opportunity to go to Wembley in a replay", Hill added.
However, he felt that there should be more national parties in the country. "Their sacrifices won't go in vain", he added. BJP is the first party to comply with the Supreme Court's order to shift out of the Luyten's Bungalow area in Delhi.
Tempers raged on the flight and the pilot reported "passengers on the rampage", after making the decision to land the plane. This soon resulted in a heated argument as passengers began complaining and eventually a fight broke out.
Martinez, Mike Moustakas , Jake Arrieta, Lance Lynn, Alex Cobb, Carlos Santana and Jonathan Lucroy remain unsigned. Late Saturday night, reports surfaced that Hosmer has agreed to sign with the San Diego Padres .
He had offered them $US2000 (£1,425) to fly to NY for the weekend where he told them they would model and feature in music videos. Miracle noticed the ticket from Sacramento to NY was purchased online, and the credit card had a different name.
ABLV said in a statement in response on Tuesday that FinCen had referred to unfounded and misleading information about the bank. It did not comment on the investigation directly, although noted it has a "zero tolerance policy" on corruption.
Bloomstrand says we have many more weeks of the flu season left and urges those who haven't to get vaccinated. One usually dominates early on in the season and the other usually comes a little later in the season.
One somewhat stomach-churning possibility being bandied about: animals that were put down somehow ended up in the pet food. Thanks to ABC7′s findings, the FDA may finally start to do something to prevent pentobarbital from ending up in pet food.
However according to the indictment, the ads were only part of Russia's activity on the social-media platform. He said Trump should implement the sanctions against Russian Federation that Congress authorized a year ago .
That's a turnaround from previous boss Travis Kalanick who largely left the country in the hands of a country manager. Sony announced partnerships with several taxi firms to start a ride-hailing service in Japan on Tuesday.
Sergio Aguero is restrained by a Wigan player and a Manchester City staffer during a brief altercation with a Wigan fan. An advertising hoarding thrown from the City section, which appeared to hit a police officer, will also be studied.
Field took it a step further by retweeting Greisman's post and tagging Rippon, to which her son hilariously responded, "Yikes". He said, "I think I'm leaving showing the world that you can also have a big personality and be who you are in the process".
She wrote that their first date was dinner in a private bungalow at the Beverly Hills Hotel that allegedly turned intimate. While Trump lawyer Michael Cohen confirms he "facilitated" the payment to Daniels, he has not disclosed its objective .
On Twitter, which is blocked in China, Tibetans overseas noted that photos and posts about the fire were quickly being censored. The site is also known to be politically sensitive, as the Chinese government continues its crackdown on Tibetan Buddhists.
Earlier on Sunday, Netanyahu called Iran the biggest threat in the world, and taunted Zarif while holding the aircraft fragment. Israel said it shot down the drone on 10 February after it entered the country from Syria .
Joyce warned that any pressure on the Nationals to dump him "locks people in as they lock-in behind the leader". Mr Joyce returned fire a day later, describing Mr Turnbull's comments as "inept", "unnecessary" and "hurtful".
One person wrote, "it was the strangest, saddest, and the worst concert" they had ever attended. "People are sick. A couple songs in, he went into a conversation with the crowd about how much we loved him (or not).
Iranian airlines have an aging fleet due to ongoing sanctions on the country, struggling to obtain spare and replacement parts. It's also too risky to send helicopters, but a drone will be flown to the area, Red Crescent Society officials said .