The international banking group made pre-tax profits of £8.7bn in the first six months of the year

The international banking group HSBC reported a 10% increase in earnings for the first half of the year, boosted by bumper profits in Hong Kong as the lender considers whether to move its headquarters from London to the Asian hub.

Europe’s biggest bank said on Monday that pretax profits in the six months to the end of June were £8.7bn, up from £7.87bn a year earlier and well above analysts’ expectations.

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Source: The Guardian Circular Economy RSS