HSBC Q3 Profit Falls £898 Million Amid Rising Costs and Loan Losses
HSBC, one of the world’s largest banks, reported a sharp drop in profit for Q3 of 2025. On October 28, 2025, the bank announced that its profit fell by £898 million, showing how rising costs and growing loan losses are squeezing global lenders. The financial hit comes at a time when HSBC is already under pressure from weak demand in China and rising legal expenses. Operating costs increased, and the bank also set aside more money to cover possible loan defaults, especially in the struggling property markets of Hong Kong and mainland China.
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