The increase in underlying pre-tax profit reflects increased revenues in Global Banking and Markets (GB&M) and Commercial Banking (CMB), and lower loan impairment charges, notably in North America.
For the third quarter ended on 30 September 2012, its pre-tax profit declined significantly to $3.48bn, compared to $7.15bn during the corresponding period earlier year.
Quarterly profit attributable to ordinary shareholders of the parent company has declined by 52% to $2.5bn, against $5.22bn, during the comparable period a year ago.
For the current quarter period, its net interest income stood at $9.11bn, compared to $10.37bn during the corresponding period last year.
Net operating income stood at $12.8bn, with a significant decrease from $16bn during the third quarter of 2011.
At the end of the third quarter period of current fiscal, the bank’s core tier 1 capital ratio stood at 11.7%.
The third-quarter results include an additional provision of $800m in relation to the ongoing US anti-money laundering, Bank Secrecy Act and Office of Foreign Assets Control investigations.
