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Wealth and insurance within 2025 earnings profile
The Singapore review follows the release of HSBC’s 2025 results, in which wealth and insurance activities contributed to underlying performance even as headline profit was affected by one-off items. For 2025, reported profit before tax declined by US$2.4 billion to US$29.9 billion, mainly due to a US$4.9 billion net adverse impact from notable items including dilution and impairment losses on its stake in Bank of Communications, reserve recycling losses on…
