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(CNBC) HSBC, Europe’s largest bank by assets, on Tuesday reported a 36% year-on-year fall in third-quarter pre-tax profit to $3.1 billion in the third quarter as it attempts to recover from the economic shock of the coronavirus pandemic. Analysts had expected the bank’s pre-tax profit to come in at around $2.07 billion in the third quarter, according to estimates compiled by the bank. To read this article: -

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