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flag HSBC's Q3 profits fell 14% to £898M due to lower trading income and higher costs, yet beat expectations.

flag HSBC reported a 14% drop in third-quarter profits, amounting to an £898 million decline, primarily due to lower trading income and higher costs. flag Despite the decrease, the bank exceeded analysts' expectations, driven by stronger revenue and interest income. flag The results reflect ongoing challenges in global markets, including economic uncertainty and shifting interest rate environments.

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