![HSBC Reports a $2 Billion Share Repurchase and a Net Profit That More Than Doubles in the First Half of 2023](https://financenews4me.com/wp-content/uploads/2023/08/SOJFOA-1-600x400.jpg)
HSBC Reports a $2 Billion Share Repurchase and a Net Profit That More Than Doubles in the First Half of 2023
The first half of the year’s net profit for HSBC was $18.1 billion in June, more than tripling from the same period last year when it was $9 billion. The bank’s earnings before taxes increased by 147% year over year to $21.7 billion from $8.78 billion in the first half of 2022. When asked about…