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European stocks soar as HSBC posts giant profits
(AFP)
 AFP - European stock markets surged in early trading on Monday, lifted by banking shares after British banking titan HSBC announced soaring half-year profits.
Summary Box: HSBC posts surge in 1st-half profit
(AP)
 AP - PROFIT BOOM: HSBC Holdings PLC, Europe%27s largest bank in terms of deposits, says its net income more than doubled in the first half to $6.76 billion as it set aside sharply less money to cover bad debt. |
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