For the three months to the end of September, HSBC reported quarterly profits of $4.6bn (£3.5bn), up 448 per cent from $843m at the same point past year.
Nevertheless, the comparable 2016 figure had been negatively affected by one-off factors such as huge writedowns and restructuring charges.
In the first half of this year , the bank beat estimates with a pre-tax profit of $10.24 billion and revenue of $26.1 billion - a performance that helped HSBC shares climb in all three listings. The massive jump came weeks after a new chief executive was unveiled as part of a management overhaul that has seen the banking behemoth deal with costly write-downs.
Analysts said the third-quarter numbers were better than expected.
"HSBC has had to spend a lot of money to hire more lawyers to help it fix legal problems and enhance its compliance department", said Kingston Securities Executive Director Dickie Wong, adding that it may still feel the effects of legal challenges and expenses.
Asia loans and advances grew 17% in the three months to September 30, compared with the third quarter of 2016.
Mr Flint joined the lender as an worldwide officer in 1989, having spent the first 14 years of his career in Asia, helping to establish and expand the bank's global markets business in the region before moving back to London in 2004.
"Our global network continued to deliver strong growth in the third quarter, and our pivot to Asia is driving higher returns and lending growth, particularly in Hong Kong", Gulliver said in a statement. In a statement to the Hong Kong stock exchange the bank said that its "pivot to Asia" had driven over 70 per cent of the group's adjusted profit in the first nine months of this year.
The bank's strategy of expanding operations in the Pearl River Delta, an area of southern China where major cities such as Hong Kong and Guangzhou are situated, "is starting to obviously bear fruit for our shareholders", the chief executive told a press conference in London.
Net adjusted profits at HSBC's retail banking and wealth management division were up 11 per cent in the third quarter from a year earlier.
"Regionally, it's Asia which is doing the heavy lifting for HSBC (.) its business primarily resides in the far east", said Laith Khalaf, analyst at stockbroker Hargreaves Lansdown.
Revenue for FICC, which makes up the largest portion of the bank's global markets business, fell 6% to US$1.35bn due to lower market volatility.
HSBC is able to move "up to 1,000" employees to France, he added, where it has been operating for nearly two decades.
The ratio is set to increase in the medium term, as the bank repatriates about $8 billion stuck at its U.S. subsidiary, following approval previous year from the U.S. Federal Reserve.
Chahal soon spun into action to send Munro and Williamson trudging back to the pavilion as New Zealand stumbled in their chase. India skipper Virat Kohli on Sunday became the fastest to reach 9000 ODI runs, taking just 194 innings to achieve the feat.
Someone could smoke in the morning but not have sex until the evening, when it wouldn't be in their system any more , for example. Among men, those who didn't smoke pot had sex 5.6 times in four weeks, while those who smoked daily had sex 6.9 times.
Knowledge of the Kim family has often been a mystery to the outside world, with very little information escaping the rogue state. She is considered one of the most influential woman in North Korea, only second to Ri, according to Bloomberg .
But the industry plan may conflict with the goals of the federal control board that oversees Puerto Rico's troubled finances. The 2-year-old company had just two full-time employees when the storm hit, but it has since hired more than 300 workers.
Andy was a Bravo exec when Kathy's "My Life on the D-List" was airing.as well as several of her comedy specials. "I don't know her", a reference to Mariah Carey's infamous remark about not knowing Jennifer Lopez .
There's no limit to how many games you can effectively "rent" using PowerPass, but you can only take one one home at a time. You'll also need to pick your games from what's physically available in-store, no pulling from GameStop's online selection.
Simply go to Settings and look for the drop-down menu marked " Regions for Search Results " to set the location you want. If you wanted to search about the locale details of the country, just had to type Google with a different country code.
Twitter erupted with backlash towards Gurriel after the incident. "It's just learn from it, and we've got to move forward". Gurriel was born in Cuba and played there and in Japan in 2014 before coming to Major League Baseball a year ago .
Fultz never looked right to begin the season and it's not a surprise to see Philly take a cautious route with the No. 1 pick. Fultz was initially ruled out for just three games as of Wednesday, per Keith Pompey of the Philadelphia Inquirer .
The president's national health emergency declaration opens certain federal funds to drug treatment groups, among other things. Too often, unused prescription drugs find their way into the wrong hands, which is risky and can lead to tragedy.
Saints escape with a 20-12 victory over the Bears
He needed to be carted off the field, and replays on the video board of his leg bending the wrong way drew groans from the crowd. Trailing 7-0, Chicago used a 45-yard pass from Trubisky to Tre McBride to move to a first-and-goal at the Saints' 6-yard line.
Are you ready for the new TSA rules?
Economy passengers on Lufthansa's Swiss airline have been asked to check in at least 90 minutes before departure. The new screening process is meant to help avoid bans on certain electronics, like laptops, in the cabin.
Khloe Kardashian Is Expecting A Baby Boy!
In her role as "momager", Kris Jenner negotiated the deal and is entitled to a $19.2 million AUD chunk of the sum in manager fees. Kris hasn't said much on Kylie's reported pregnancy in public.