The HSBC share price fell by over 2% on Monday to reach 710.97 as its pre-tax profits fell 6 percent to $20.6bn.
The reported pre-tax profit figure was lower than the figure of $22.7bn which was the average derived from a poll of 28 analysts conducted by Reuters.
According to the FT, the bank has also dispelled speculation that it is looking to re domicile to Hong Kong.
News Source: Reuters