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HSBC Results are out HSBC’s pre-tax profits almost doubled to $2.7bn in the final quarter of 2021 as the UK lender’s commercial banking revenues were buoyed by growth in credit and lending. The London-based bank said in an earnings statement on Tuesday that full-year pre-tax profits increased 115 per cent to $18.9bn, just missing forecasts of $19.1bn. Reflection of these results on employees : Single digit hikes even for top performers. Same scene continues from past 3 years now. HSBC

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