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HSBC’s trading revenue offsets investment banking deal slump

The global banking and markets division of HSBC increased by 10% in 2022, as its core trading and payments businesses offset a decline in dealmaking activity. Photo: HSBC office tower, ,Getty Images The UK bank’s global banking and markets division, which includes its investment bank, generated $15.4 billion in revenue in 2022, a 10% increase...

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