HSBC profits up 23 percent for 9 months ending in September, cooperating in forex market probe

  • by: DANICA KIRKA , Associated Press
  • Updated: November 4, 2013 - 5:55 AM

LONDON — HSBC PLC, Europe's biggest bank by market value, saw its nine-month profits rise 23 percent as it benefited from cost-cutting and stable revenue. But it also revealed it is one of several banks being investigated for possible manipulation of foreign exchange markets.

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