let s get down to business. hsbc has just reported a 92% surge in quarterly profit. rising interest rates helped to swell its net interest income. europe s largest bank that s headquartered in london said pre tax earnings ringed in at $5.2 billion for the fourth quarter that s better than expected and up from $2.7 billion the year before. but it s biggest shareholder, ping an insurance of china, is putting pressure on the board to pivot further east. that s one of the challenges facing hsbc. let s discuss this with will walker arnott, senior investment manager, charles stanley good morning. talk about numbers. shareholders will benefit. hsbc did well in the last quarter- benefit. hsbc did well in the last quarter. yes, benefit. hsbc did well in the last quarter. yes, strong - last quarter. yes, strong results which would have pleased the market and beat expectations, as outlined. gather up 30% over last year, and the results explain why. what strip on the results, first
like this first time we ve done something like this for support a country which like this for support a country which is like this for support a country which is currently at war. these which is currently at war. these bridges can be assembled in just three to four days. temporary bridges like these provide short term structures. but this could last two or three decades and help with a long term restoration of the crane economy. long-term restoration of the crane economy. long-term restoration of the crane economy. more than 300 ukrainian welfare crane economy. more than 300 ukrainian welfare workers - crane economy. more than 300 ukrainian welfare workers have| ukrainian welfare workers have been killed on the wall. this engineer originally from the city of dnieper river is proud to play a role in rebuilding what s been lost. how do you feel about what the war has done to your country? it is done to your country? it is very painful- done to your country? it is very painful