Reuters: Business News: HSBC profits seen up 10 percent as cost cuts pay off

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HSBC profits seen up 10 percent as cost cuts pay off Nov 4th 2013, 00:10 LONDON (Reuters) - HSBC Holdings is expected to report a 10 percent rise in quarterly profit on Monday as Europe's biggest bank benefits from cost cuts and the absence of a big provision to cover a fine last year.

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