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HSBC HQ London 2

HSBC's profit up 2% in first half

HSBC reported a 2 percent year-on-year rise in adjusted pre-tax profit to $13 billion for the first half, after a strong performance in Hong Kong.

HSBC building at night

People News: Bank of America, HSBC, UBS

Jennifer Mihocko-Tierney, Bank of America's head of electronic foreign-exchange sales for the Americas, has left the company, according to two people with knowledge of the matter who requested anonymity to discuss personnel matters.