HSBC has announced a 52% fall in third quarter profit, as the bank taking further hits on US anti-laundering fines and mis-selling insurance in the UK.
It confirmed setting aside another $800m (£500m) to cover fines from US authorities, taking the total bill to $1.5bn (£937m).
Sky City Editor Mark Kleinman exclusively reported the £500m hit over laundering fines on Sunday.
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