Europe's largest bank reported net profit jumped 30 percent in 2018 from the previous year to $ 12.6 billion. to a profit of 53.8 billion dollars.
Profit before tax rose 16% to 19.9 billion dollars, but lags behind analysts' forecasts. For the fourth quarter, adjusted earnings before tax were $ 3.4 billion, also below forecasts
Market adjustments at the end of 2018 affected HSBC and many other banks. Net profit for the quarter from October to December is $ 1.5 billion
HSBC is undertaking a corporate repair to increase profitability by focusing on high-growth markets in Asia while removing businesses and workers in other countries . In 201