Tuesday, March 01, 2011
HSBC has reported its profits more than doubled in 2010 to £11.8 billion, with every region in the black for the first time since 2006.
The banking giant's result marks a sharp rise on the £4.4 billion posted in 2009 as it continues to benefit from lower bad debt losses.
But HSBC's new chairman Douglas Flint said the group would 'not forget' the financial crisis and support from governments around the world, adding the group entered 2011 'with humility'.'
Humility? The bastards don't know the meaning of the word!!!
Posted by DotConnector at 10:25