HSBC profits hit by fraud-related credit losses

First-quarter income falls $100mn to $9.4bn, missing analysts’ expectations

More from International homepage

Deutsche Bank denies training bankers to manipulate markets

International homepage·6

How Germany’s Merz torpedoed his plan to contain Trump

International homepage·6

Arnault and LVMH go from buyer to seller as luxury’s winter drags on

International homepage·7

Reeves rowed with Bessent over Iran war criticism

International homepage·5

Welcome to the Great Hunkering Down

International homepage·6

Consumers face more pain as companies threaten price rises

International homepage·5