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flag HSBC reports a $3.2B drop in quarterly profit to $9.5B, citing global economic uncertainty.

flag HSBC, the UK's largest bank, reported a 3.2 billion USD fall in quarterly pre-tax profit, dropping to 9.5 billion USD amid economic uncertainty. flag The bank's revenue also fell by 15% compared to the same period last year. flag Despite the decline, HSBC's CEO Georges Elhedery called the results "strong," attributing the firm's resilience to its financial strength and restructuring efforts. flag The results came after US tariffs caused global market disruptions.

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