The British bank maintains strength in Asia following robust revenue on wealth driven by ‘higher sales’ of mutual funds, structured products and bonds.

HSBC has posted strong earnings in the third quarter, with profit pre-tax rising 10% year-on-year to US$8.5 billion. The British bank said the higher figures were driven by revenue growth in its wealth and personal banking division and foreign exchange, equities and global debt markets in the global banking and markets division, according to its earnings report released this week. Revenue increased by five percent to US$17 billion compared with last year’s same time. There was strong re