Hsbc ended 2012 with a net income of $14,03 billion, down by 16,5% compared to 2011. The result was affected by the fine paid in the United States to close the money laundering proceeding and by provisions linked to the abusive sale of financial products in the United Kingdom.
However, Europe's largest banking group by capitalization has promised to increase the top three 2013 interim dividends by 11%, at 10 cents per share. The Bank expects to strengthen capitalization through growth in Hong Kong and other key Asian markets. The total dividend paid for 2012 is $0,45 per share, an increase of 10% compared to 2011. After the three advances, the fourth tranche of the coupon is $0,18 (+29%).
Last year, HSBC achieved net income before taxes of 20,6 billion, down 6% from the previous year. The bottom line was negatively affected by a loss of 5,2 billion on the value of the Bank's debt.
