HSBC Q3 profit jumps 32% to $9.6B on net interest income growth

HSBC reported a 32% surge in Q3 profit to $9.6 billion, with revenue up $800 million to $18.6 billion, driven by higher net interest income. The results signal continued strength in global banking margins, though the sustainability of net interest income growth remains uncertain amid potential rate cuts. This earnings beat may support sentiment for UK and global bank stocks.

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