Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 155)

2024-02-23 Finance

155.

In 2023, which country surpassed China to become HSBC's third-largest profit hub?

United States

United Kingdom

Singapore

India

Answer: Option

Explanation:

In 2023, India's remarkable performance propelled it past China to become HSBC's third-largest profit hub. With profits soaring by 25% to $1.5 billion, India's burgeoning market showcased its significance in HSBC's global operations, reflecting the country's economic growth and banking sector resilience.