A woman walks past an advert for the British banking group HSBC in London, Tuesday, Nov. 10, 2009. HSBC Holdings PLC says pretax profit for the third quarter was "significantly ahead" of the same quarter last year even as economic conditions remain challenging. In a trading update Tuesday, HSBC said profitability for the first nine months of 2009 was stronger than it had forecast at the start of the year. It adds that its global banking and markets division is having a "record year" and that commercial banking was "solidly profitable in all regions" over the first nine months. AP Photo logo AP Photo 27 months ago

A woman walks past an advert for the British banking group HSBC in London, Tuesday, Nov. 10, 2009. HSBC Holdings PLC says pretax profit for the third quarter was "significantly ahead" of the same quarter last year even as economic conditions remain challenging. In a trading update Tuesday, HSBC said profitability for the first nine months of 2009 was stronger than it had forecast at the start of the year. It adds that its global banking and markets division is having a "record year" and that commercial banking was "solidly profitable in all regions" over the first nine months.

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