HSBC profits driven by Asia and North America

UK bank reports second highest ever half-year performance in global banking and markets, although Europe's contribution wains

HSBC's investment bank delivered its second highest half-year performance as the UK bank relied on its Asian and North American units to maintain its strong growth.

Pretax profits for the first half of 2010 were $5.6bn (€4.3bn) in the global banking and markets business, down 13% against the first half of last year but still the second best performance of any half-year period.

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