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Anonymous Mon Nov 7 04:21:51 2016 No.1604548 [Reply] [Original]

What the fuck is this shit?
http://www.bloomberg.com/news/articles/2016-11-07/hsbc-s-third-quarter-profit-of-5-59-billion-exceeds-estimates
http://www.bbc.com/news/business-37893503
One says profits down on HSBC 86% the other says "hird-quarter adjusted pretax profit, which excludes one-time items, rose 7 percent from a year earlier to $5.59 billion"
Am i missing something like a tard?

>>	Anonymous Mon Nov 7 06:29:00 2016 No.1604600 The profit was low but if you ignore one time shit like fines and the Brazil unit sale then profit rose

>>	Anonymous Mon Nov 7 08:21:08 2016 No.1604666 >>1604600 The problem is that such one-off expenditures are pretty much guaranteed to occur regularly with big banks. The costs of malfeasance should be treated as opex in any realistic valuation.

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