3Q 2012 message from Stuart Gulliver, Group Chief Executive
Posted on November 05, 2012 at 08:28 AM EST
Our strategy and business model have enabled us to have a strong quarter. Although reported profit before tax for the third quarter was US$3.7bn lower than the same period in 2011, underlying profit was up US$2.8bn to US$5.0bn, and it is on this basis that we measure our performance.