Filed 2011 by HSBC, which closed the year with a net profit up 28%, to 16,8 billion dollarsthanks to strong growth in growth markets in Asia and Latin America. The group's performance fully complied with the consensus of analysts (who expected a profit of 16,79 billion dollars), also as regards the net interest margin, expected at 40,32 billion and amounting to 40,66 billion dollars.
Il the group's gross profit increased by 15%, to 21,9 billion, thanks to the benefits brought by the corporate restructuring plan of the managing director Stuart Gulliver, which will continue in 2012 with the cut of around 30.000 jobs and a reduction in annual costs which should be around 3,5 billion.
The group announced a 2011 dividend of 41 cents per share, a sharp increase (+14%) compared to 2010.
