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Operating expenditure is expected to rise 6 per cent in 2023 on a continuing currency basis, with contributing elements together with the rescue of the UK arm of Silicon Valley Bank and higher performance-related pay. You may change or cancel your subscription or trial at any time online. Simply log into Settings & Account and choose “Cancel” on the right-hand facet. During your trial you’ll have full digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
Banking large HSBC has revealed a $4.5bn (£3.7bn) rise in its income in the newest three-month period, because of a boost from larger rates of interest. Reporting its third-quarter numbers, the corporate said its sales rose by 2 per cent within the …